Over 100 employees of Fannie Mae have been fired after allegedly engaging in unethical conduct, the U.S. Federal Housing Finance Agency (FHFA) and Fannie Mae announced Tuesday.

Bill Pulte, the director of the FHFA who also chairs the boards of the GSEs, posted an official announcement regarding the firings on social media platform X on Tuesday afternoon.

“In President Trump’s housing market, there is no room for fraud, mortgage fraud, or any other deceitful act that can jeopardize the safety and soundness of the housing industry,” said Pulte. “Since my swearing-in, we fired over 100 employees from Fannie Mae who details ⇒

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