Tag Archives: Federal Housing Finance Agency (FHFA)

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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Comments Off on Fannie Mae lays off 100 workers citing unethical conduct

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

US home prices rose modestly in January, led by NYC and Chicago

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The FHFA Housing Price Index posted a 4.8 percent annual growth rate while the S&P CoreLogic Case-Shiller Indices showed a slightly lower increase of 4.1 percent, according to new data released Tuesday. 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 →

Fannie Mae and Freddie Mac’s net worths climb past $154B

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While plans to privatize the mortgage giants are on the back burner, Trump administration may impose limits on how much support the mortgage giants can provide to riskier borrowers. Continue reading →

Trump nominates Jonathan McKernan as director of CFPB

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President Donald Trump has nominated Jonathan McKernan as the new director of the Consumer Financial Protection Bureau (CFPB), a major move in the administration’s broader government restructuring. McKernan’s nomination has been sent to the Senate for … Continue reading →