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The upheaval at Fannie and Freddie comes amid housing regulator Bill Pulte’s quest to root out fraud in the mortgage market.
Just weeks after his confirmation as Director of the Federal Housing Finance Agency (FHFA), Bill Pulte is making swift moves ...
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 ...
The statement posted on social media platform X could reflect policy, politics or both. Clarification was not immediately ...
"Since my swearing-in, we fired over 100 employees from Fannie Mae who we caught engaging in unethical conduct, including ...
Separately, the agency has substantially reduced its workforce as part of broader government directives.
The FHFA head and self-appointed chair of Fannie Mae's board said he was "slowly but surely" turning around the agencies that underpin the U.S. mortgage market.
The U.S. Federal Housing Finance Agency and Fannie Mae (FNMA) issued a statement: “In President Trump’s housing market, there is no room for ...
"Since my swearing-in, we fired over 100 employees from Fannie Mae who we caught engaging in unethical conduct, including facilitating fraud, against our great company. Anyone who commits fraud ...
“Since my swearing-in, we fired over 100 employees from Fannie Mae who we caught engaging in unethical conduct, including facilitating fraud, against our great company,” William J ...
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