Investigation follows April referral by FHFA Director Bill Pulte; potential charges include wire, mail, and bank fraud
Tagged: Federal Housing Finance Agency (FHFA)
GSE sees chance to ‘strip away unnecessary bureaucracy and eliminate non-essential activities’ to drive tech investments, lower origination costs
Fannie Mae’s net income falls 11% from Q4 2024 as net worth climbs nearly 4% to $98.3B
GSE fee hike raised borrowing costs by $1,867 annually and cut high-LTV second home loans by 23%, with little gain for first-time buyers, CFPB study finds
GSE leadership shakeups and policy rollbacks signal potential shifts in liquidity, credit risk, and market structure for IMBs.
Agency claims James falsified documents and records to obtain lower mortgage rates
Employees fired in sweeping anti-fraud effort as new FHFA Director Bill Pulte prioritizes integrity
Fannie Mae’s and Freddie Mac’s current support for such SPCP programs is ‘inappropriate,’ FHFA has determined
Federal housing agencies undergo sweeping cuts as Trump administration pushes aggressive downsizing
Industry groups applaud Bill Pulte’s confirmation as FHFA Director, pledge to work on U.S. housing affordability ‘crisis’