Crime detection technology created by Palantir will be used to sniff out instances of mortgage fraud in Fannie's multifamily business.

Leaders at Fannie Mae and Freddie Mac detailed how Bill Pulte, director of the Federal Housing Finance Agency and new chairman at the GSEs, is influencing activity at the companies.

Trump noted that Fannie and Freddie are “doing very well and throwing off a lot of CASH.”

Among many other provisions, the tax reforms included in the bill passed by the House would make the mortgage interest deduction permanent.

The pilot survived as the Trump administration ended a number of pilot programs at the GSEs in recent months.

FHFA Director Pulte said he found $100 million in cost savings at Fannie Mae alone.

“I think we’ve referred five or six different people to the DOJ, just in terms of Chinese and North Koreans working in the companies,” Pulte said.

Recent comments by the FHFA director suggest the Trump administration has no immediate plans to release Fannie and Freddie from conservatorship. Rather, FHFA will continue to focus on fraud and abuse at the enterprises.

FHFA Director Bill Pulte didn't participate in Freddie's first-quarter earnings call, as he did for Fannie's on Wednesday, but his presence was felt.

FHFA's new director made an appearance at Fannie Mae's first-quarter earnings call.