Tag Archives: Bill Pulte

Fannie Mae lays off 100 workers citing unethical conduct

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Fannie Mae has confirmed the dismissal of over 100 employees in connection with a fraud scheme aimed at its charitable matching program. Continue reading →

Fannie Mae lays off 100 workers citing unethical conduct

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Fannie Mae has confirmed the dismissal of over 100 employees in connection with a fraud scheme aimed at its charitable matching program. Continue reading →

FHFA gutting Fannie, Freddie minority homeownership programs

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Flood of orders published without explanation on social media target programs and practices designed to boost lending in minority communities, protect borrowers from unfair or deceptive practices. Continue reading →

Trump’s FHFA could rein in Fannie and Freddie’s high-end lending

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Cutting the mortgage giants’ $806,500 conforming loan limit could relieve pressure on home prices but leave more homebuyers seeking jumbo mortgages at higher rates from private lenders. Continue reading →

US could sweep Fannie, Freddie stakes into sovereign wealth fund

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Some experts are intrigued by the idea floated by Treasury Secretary Scott Bessent, saying it could help put the mortgage giants on sound footing without boosting mortgage rates. Continue reading →

Trump administration lifts FHA appraisal bias protections

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Lenders no longer under orders to keep a sharper lookout for appraisal bias or have a process for helping borrowers who suspect appraisal bias to ask for a “reconsideration of value.” Continue reading →

Top Freddie Mac, FHFA executives dismissed in latest shakeup

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Among those dismissed were Freddie Mac CEO Diana Reid and Head of Human Resources Dionne Wallace Oakley. FHFA COO Gina Cross and HR Director Monic Matthews were placed on leave. Continue reading →

Pulte chair of Fannie, Freddie after 14 board members are purged

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Less than a week after being confirmed by the Senate to lead the FHFA, homebuilder scion launches campaign focused on making homebuying more affordable by cutting alleged wasteful spending at the mortgage giants. Continue reading →

Bill Pulte confirmed to lead Fannie and Freddie’s federal regulator

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Mortgage industry groups support the Trump administration’s picks to lead the FHFA and CFPB, but questions remain about the prospects for dramatic policy shifts at the agencies. Continue reading →

NAR, Mortgage Bankers Association back CFPB nominee

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The National Association of Realtors and several other housing groups urged Congress to confirm Consumer Financial Protection Bureau nominee Jonathan McKernan, noting he has a “wealth of experience” to lead the financial watchdog. Continue reading →