More than 100 staffers have been fired from Fannie Mae for engaging in unethical conduct over roughly the last 30 days, the agency announced.
“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,” Bill Pulte, chairman of the Fannie Mae board of directors, said in a statement.
Pulte took over the Federal Housing Finance Agency on March 14 and has wasted little time exercising authority at the agency, which is responsible for overseeing Fannie Mae and Freddie Mac.