News

"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 ...
The Federal Housing Finance Agency ended comments on expanded suspended counterparties list criteria in December and has done ...
Separately, the agency has substantially reduced its workforce as part of broader government directives.
Over 100 employees have been fired since FHFA Director William Pulte began his tenure, the agency announced, while Pulte took ...
Fannie Mae fired over 100 employees for "unethical conduct," with the FHFA Director accusing them of facilitating fraud. FHFA ...
Bill Pulte, making the announcement as chairman of Fannie Mae, did not provide additional details following earlier rumors of ...
A series of abrupt policy changes at the Federal Housing Finance Agency threaten to make banks and nonbank mortgage companies ...
Moves include rolling back renter protections on Fannie Mae and Freddie Mac loans, withdrawing consumer protection oversight, ...
Fannie Mae and Freddie Mac shares have rallied on hopes of a conservatorship-free future as questions remain about its government backing. Without it, home values won’t slide, and the economy won’t ...
"There are no plans to do anything as it relates to the conforming loan limit," said Bill Pulte, FHFA director. It currently stands at $806,500, an increase of $39,950 (or 5.2%) from 2024. The newly ...
Freddie Mac, one of the key government-backed housing finance entities, named its president, Mike Hutchins, as interim chief executive officer, according to a person familiar with the matter.
(Bloomberg) -- Wall Street is weighing in on the possible fate of home loan giants Fannie Mae and Freddie Mac, after a fleeting suggestion ... two companies as assets for the fund. The Federal Housing ...