The environmental, social, and governance (ESG) team at Fannie Mae has reportedly been dismissed in its entirety, according to multiple sources who spoke with HousingWire.

Laurel Davis, who served as a senior vice president and head of the company’s mission and impact, was reportedly included in the cuts, alongside the rest of the ESG team’s staff, the sources said.

One source said the staffers were officially on administrative leave.

HousingWire reached out to representatives at Fannie Mae and the Federal Housing Finance Agency (FHFA), but did not receive an immediate reply.

Sources estimated that there were more than 30 members of details ⇒

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