After months of investigating Trump critics over allegations of mortgage fraud, FHFA Director Bill Pulte increasingly finds himself the target of investigations into possible episodes of misconduct and the misuse of power.
The agency is appealing a jury verdict awarded to GSE shareholders for losses related to the net worth sweep. FHFA is also facing a lawsuit tied to an untimely response to a FOIA request.
Michael Hutchins agrees to extend term at Freddie; new general counsel at Freddie; senator seeks answers on FHLBank reform efforts; former FHFA chief operating officer loses appeal.
Attorneys representing those accused of mortgage fraud by FHFA Director Bill Pulte are calling for an investigation into what they say is abuse of his office.
An Ohio court found that Freddie’s rosy statements in 2007 about its exposure to subprime and Alt A loans weren’t misleading, in part, because there was no universal definition of those terms at the time.
Eligibility requirements put in place by the GSEs in the wake of the 2021 collapse of a condo tower in Florida continue to hobble sales and burden condo associations with high insurance and maintenance costs.
Fannie revises policy for loans subject to a temporary rate buydown plan; Former Fannie employees sue for defamation; Freddie creates new board position; GSE shareholders lose appeal in one of the last net worth sweep lawsuits.
A group of U.S. citizens of Indian background sued Fannie Mae for discrimination after being terminated for alleged unethical behavior in relation to the company’s charitable grants program.
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