Fannie Mae Regulator Puts 35 Workers on Leave

Fannie Mae Regulator Puts 35 Workers on Leave

The newly appointed head of one of the nation’s top housing regulators is moving quickly to reshape not only the agency but also Fannie Mae and Freddie Mac, the two government-controlled mortgage finance giants he oversees. The Federal Housing Finance Agency, now under the direction of William Pulte, placed 35 unionized employees on administrative leave … Read more

Fannie Mae and Freddie Mac Are Shaken Up by Their Regulator

Fannie Mae and Freddie Mac Are Shaken Up by Their Regulator

A federal housing regulator initiated a major shake-up Monday at two giant government-controlled mortgage finance firms that drive much of the U.S. housing market. The Federal Housing Finance Agency, led by its director, William Pulte, ousted 14 members of the boards of Fannie Mae and Freddie Mac in a surprising move that was disclosed in … Read more