General World News

Ex-Fannie Mae employees accuse leadership of defamation in new lawsuit

Dozens of former employees are suing Federal Housing Finance Agency (FHFA) Director Bill Pulte, Fannie Mae CEO Priscilla Almodovar and the government-sponsored enterprise (GSE) for defamation, alleging they were wrongfully linked to fraud after being fired in April over donations made through a charitable program.

The two lawsuits — filed Monday in Virginia’s Fairfax County Circuit Court by 41 former employees — cite public comments by Pulte on X and in media interviews, as well as statements from Almodovar in a news release, alleging the terminations were tied to fraud. The plaintiffs said these claims are false.

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