Bill Pulte, #Trump’s dir of the Federal #Housing #Finance Agency #FHFA since Mar 14, 2025, issued a stmnt saying >100 employees of #FannieMae, a govt-controlled firm that underpins much of the country’s #mortgage industry, have been fired for “unethical conduct, including facilitating *fraud*.”
The stmnt offered no info about the conduct he claimed the fired employees engaged in. Pulte said he intends to make Fannie Mae & #FreddieMac *better* businesses.
#law #USpol
https://www.fhfa.gov/news/news-release/fannie-mae-fires-over-100-employees-for-unethical-conduct-including-the-facilitation-of-fraud
FHFA.govFannie Mae Fires Over 100 Employees for Unethical Conduct, Including the Facilitation of Fraud | FHFAThe U.S. Federal Housing Finance Agency (U.S. Federal Housing FHFA) and Fannie Mae issued the following statement: “In President Trump’s housing market, there is no room for fraud, mortgage fraud, or any other deceitful act that can jeopardize the safety and soundness of the housing industry,” said William J. Pulte, Chairman of the Board of Directors of Fannie Mae. “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 against Fannie Mae does so against the American people.”
Bewickwren 