General World News

Bill Pulte pledges to scrutinize ‘underperforming’ Fannie and Freddie, root out mortgage fraud

Bill Pulte, the newly confirmed director of the Federal Housing Finance Agency (FHFA), is wasting no time in making a splash with Fannie Mae and Freddie Mac, suggesting they too might receive the DOGE treatment that other government entities have already experienced.

In a series of messages posted to his X account on Friday morning, he wrote:

“Fannie and Freddie generate over $30 billion in earnings per year. The Fannie & Freddie Management Teams and I will immediately review their 2025 budgets (like business does!) to help restore the American Dream for Americans who have been crushed details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com