There's nobody in charge of looking out for waste, fraud and abuse at Fannie and Freddie's regulator
FHFA acting Inspector General John "Joe" Allen is set to be fired, Reuters reports, and the position is now vacant as the mortgage giants move toward a public offering
by Matt Carter Nov 5
Fannie Mae guts ethics and internal investigations unit: WSJ report
A dozen officials in Fannie Mae's ethics and internal investigations unit were among 62 people fired on Thursday, 'The Wall Street Journal' reports, citing anonymous sources
by Matt Carter Oct 31
Fannie Mae CEO is out, mortgage giant says in surprise announcement
Fannie Mae CEO Priscilla Almodovar was replaced on an interim basis by COO Peter Akwaboah. FHFA Director Bill Pulte fired Freddie Mac CEO Diana Reid in March after board shakeup
by Matt Carter Oct 22
Senate Dems ask Pulte to put Fannie, Freddie revamp on hold
Lawmakers want assurances that privatizing the mortgage giants or taking them public won't drive mortgage rates up, or put investor profits 'over the homes of millions of Americans'
by Matt Carter Jun 6
Fannie, Freddie regulator issues dozens of orders out of public eye
FHFA Director Bill Pulte tells 'crypto influencer' he's signed more than 80 orders revamping policies and procedures at the mortgage giants, only 12 of which have been made public
by Matt Carter May 2
Democrats question legality of Fannie, Freddie board purges
Less than 4 days after being confirmed as head of the mortgage giants' federal regulator, housing scion Bill Pulte fired 14 board members and made himself the chair of both companies
by Matt Carter Apr 16
'MAGA world's premier financier' joins Fannie Mae board of directors
Omeed Malik, founder of investment bank Farvahar Partners and venture capital firm 1789 Capital, is a business partner of Donald Trump Jr. and is also said to be a 'close friend'
by Matt Carter Apr 15