The upheaval at Fannie and Freddie comes amid housing regulator Bill Pulte’s quest to root out fraud in the mortgage market.

The actual amount of fraud Fannie Mae is exposed to is likely far higher than $752 million. According to an internal Fannie Mae email in March 2024 obtained by The Real Deal, the agency warned ...

FHFA Director Bill Pulte has repeatedly spoken out against mortgage fraud, and the agency has a new email address for sharing ...

The statement posted on social media platform X could reflect policy, politics or both. Clarification was not immediately ...

US mortgage giant, Fannie Mae, has laid off 200 employees, mostly Telugus, over salary fraud, according to a report. The ...

The Trump administration's top mortgage regulator has vowed to "root out frauds and cheats" in the mortgage market after ...

US mortgage firm Fannie Mae laid off around 700 employees this week — including hundreds of Indian-Americans. Around 200 people were fired over salary fraud allegations while others lost their ...

We are entering a new era in combating mortgage fraud.

It securitizes mortgage loans originated by lenders into Fannie Mae mortgage-backed securities (Fannie Mae MBS). The company operates through two segments, Single-Family and Multifamily.

US federal mortgage giant Fannie Mae has laid off 700 employees as part of an internal restructuring exercise, including nearly 200 Indian-American staffers — largely of Telugu origin — on ...