#fanniemae — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #fanniemae, aggregated by home.social.
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Thanks for the archive link.
This sounds very AI-like and ominous:
"“Technology is improving and providing opportunities for us to remove unnecessary processes ..."Will Fannie Mae become another AI victim?
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Fannie Mae Hit by Turmoil in Senior Ranks as at Least 10 Executives Depart (some not by choice) ~
"The upheaval at Fannie Mae adds to the already uncertain outlook for the housing market. A global selloff in the bond market this week sparked concern over rising inflation and higher borrowing costs, leading the Treasury Department to launch an unusual intervention" (that didn't work).
#USA #US #USpol #pulte #housing #HousingMarket #FannieMae #finance
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https://www.wsj.com/finance/regulation/fannie-mae-hit-by-turmoil-in-senior-ranks-as-at-least-10-executives-depart-9f0f40e0 -
https://www.contrariannews.org/p/trumps-new-intel-head-is-worse-than
#odni #dni #tulsigabbard #williamjpulte #unqualifiedappointee #incompetant #abuseofpower #politicalretribution #section702 #surveillancereauthorization #fhfa #fanniemae #freddiemac #foreignintelligence #backdoorsearches #nspm7 #weaponizedgovernment #sic #markwarner #counterintelligence #intel #nooversight #ethics #presidentialenemies #militaryintel #nepobaby #baselessprosecutions #gaoinvestigation #privilegeddocuments #pendinginvestigation #maga #trump #trumpcrimefamily -
It almost got away, but #NASAs Juno caught something -
https://kensbookinfo.blogspot.com/p/world-capitals.html#ParisLeo marks one-year anniversary with southern #Italy -
https://kensbookinfo.blogspot.com/p/infotech.html#45#FM Fidan, #Iranian counterpart Araghchi discuss #Iran-US -
https://kensbookinfo.blogspot.com/p/etc.html#India#CHINA-HEILONGJIANG-FARMING (CN) -
https://kensbookinfo.blogspot.com/p/business.html#3#FannieMae’s #Mortgage Holdings #Balloon as #Trump Tries -
https://kensbookinfo.blogspot.com/p/world-capitals.html#SingaporeView all news from Capitals in the World https://kensbookinfo.blogspot.com/2026/03/latest-news-from-capitals-of-world.html
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Ooooph.
Fannie Mae will start accepting crypto-backed mortgages ( per WSJ )
This is NOT gonna end well.
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#BillPulte also got something he wanted.
A day after the terse email exchange, #Trump posted a graphic to his Truth Social network that featured #FannieMae’s logo, a list of large homebuilders & the headline “We Give Them Billions.”
Pulte quickly reposted it.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap
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Others who were part of the email chain included Almodovar, the CEO; COO Peter Akwaboah; Devang Doshi, a snr VP for capital markets; & John Roscoe, a #BillPulte loyalist & fmr #Trump White House aide, who served as #FannieMae’s executive VP of PR & operations.
Days later, Almodovar, McCoy & Evans…were out of a job. Meanwhile, Roscoe was promoted to co-president of the company, while Akwaboah was named acting CEO.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap
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In the Oct 11 message to Smith, Evans, the #FannieMae #mortgage executive, also added others to the email chain because they “were involved with this week’s efforts to compile this information” & he wanted to “make sure you do not exacerbate this issue.”
Danielle McCoy, Fannie Mae’s general counsel, weighed in, adding that the information Smith provided to #FreddieMac should “never be shared” & “could put the company at risk.”
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…Soon, a team at #FannieMae was overseeing an effort to pull together a tranche of #mortgage data, according to emails reviewed by the AP. Smith played a central role and shared the #confidential lender-level pricing information with #FreddieMac, which set off alarms at both companies, according to the emails.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #BillPulte #Trump
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The 3 competing roles present the potential for a #ConflictOfInterest that is detailed in emails reviewed by AP. Like many matters of public policy in Trump’s Washington, it appears to have begun with a social media post.
In October, #Trump criticized the homebuilding industry….
“They’re sitting on 2 million empty lots, A RECORD,” Trump posted to his social media…. “I’m asking #FannieMae & #FreddieMac to get Big Homebuilders going.”
“On it,” #BillPulte posted in response on X.
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#BillPulte ’s power over the #mortgage lending industry is unusual. Not long after his #Senate confirmation, he appointed himself chairman of both #FannieMae & #FreddieMac, which hold trillions of dollars in assets. The companies serve as a crucial backstop for the home lending industry by buying up mortgages from individual lenders, which are packaged together & sold to investors.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #Trump
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…The Wall Street Journal reported this week that some #FannieMae #ethics & #oversight officials who were fired last month had been investigating whether #BillPulte improperly obtained #mortgage information for #LetitiaJames, who was charged last month with bank fraud after Pulte sent a criminal referral to the #DOJ. She said the charges, which she denies, are politically motivated.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #Trump
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#BillPulte also has focused on large home #construction companies, which have drawn #Trump’s ire. Pulte requested #confidential #FannieMae #data & has publicly signaled that he is considering a crackdown if the companies do not increase construction volume.
“I’m looking at the Fannie Mae builder data & with the top three homebuilders we buy EASILY over $20 billion in THEIR LOANS!” he posted to X in early October.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap
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In June, #BillPulte ordered #FannieMae & #FreddieMac to prepare a proposal for the firms to accept #cryptocurrency, another industry #Trump has boosted, as part of the criteria for buying mortgages from #banks. Last week, he persuaded Trump about the allure of a 50-year #mortgage as a way to increase home buying & building—a proposal that was widely criticized because it would drastically increase the overall price of a #loan.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving
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While Smith still holds her position, the senior #FannieMae officials who called her conduct into question were all forced out of their jobs late last month, along with internal #ethics #watchdogs who were investigating #BillPulte & his allies.
The dismissals rattled the #housing industry & drew condemnation from #Democrats. It also gave more evidence to support claims that Pulte has leveraged the nonpublic information available to him to further his own political aims.
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“Lauren, the information that was provided to #FreddieMac in this email is a problem,” Malloy Evans, snr VP of #FannieMae’s single-family #mortgage division, wrote in an Oct 11 email. “That is confidential, competitive information.”
He also copied Fannie Mae’s CEO, Priscilla Almodovar, on the email, which bore the subject line: “As Per Director Pulte’s Ask.” Evans asked Fannie Mae’s top attorney “to weigh in on what, if any, steps we need to take legally to protect ourselves now.”
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Emails reviewed by The AP show that #FannieMae executives were unnerved about what one called the “very problematic” disclosure of data by Lauren Smith, the company’s head of marketing, who was acting on Pulte’s behalf.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #BillPulte #Trump
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Top #FannieMae officials ousted after sounding alarm on sharing confidential #housing data
A confidant of #BillPulte, the #Trump admin’s top housing “regulator”, provided #confidential mortgage pricing #data from Fannie Mae to a principal competitor, alarming senior officials of the govt-backed lending giant who warned it could expose the company to claims that it was colluding with a rival to fix mortgage rates.
#law #scammers
https://apnews.com/article/fannie-mae-freddie-mac-firing-pulte-data-a4f8c53df74fef83ec7fd07e3d524746 -
#TheGremlinZoo #FannieMae #USPol
From AP News.com: Top Fannie Mae officials ousted after sounding alarm on sharing confidential housing data
https://apnews.com/article/fannie-mae-freddie-mac-firing-pulte-data-a4f8c53df74fef83ec7fd07e3d524746
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🔍 Two Fannie Mae heroes raise the alarm on leaking sacred trade secrets, only to be booted faster than a glitchy Windows update. 🚪💨 Apparently, whistleblowing is so last season. #ConfidentialDataDrama
https://apnews.com/article/fannie-mae-freddie-mac-firing-pulte-data-a4f8c53df74fef83ec7fd07e3d524746 #ConfidentialData #Whistleblower #FannieMae #TradeSecrets #TechDrama #Leaks #HackerNews #ngated -
Fannie Mae officials ousted after sounding alarm on sharing confidential data
https://apnews.com/article/fannie-mae-freddie-mac-firing-pulte-data-a4f8c53df74fef83ec7fd07e3d524746
#HackerNews #FannieMae #Firing #DataPrivacy #Confidentiality #NewsAlert
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—> #Pivot 🅴 #KaraSwisher & #ScottGalloway <— The #AI Spending-Boom is Propping-Up #WallStreet & #Trump #Tesla #OpenAI #Gold Prices #Apple’s next CEO #FannieMae & #FreddieMac IPO ⏱️1:07:31 #Pol #Politics #GeoPolitics #WorldNews #News #AusPol #CdnPoli #EUpol #NZpol #UKpol #USpol youtu.be/wv0IsAs7JKI
The AI Spending Boom is Proppi... -
—> #Pivot 🅴 #KaraSwisher & #ScottGalloway <—
The #AI Spending-Boom is Propping-Up #WallStreet & #Trump
#Tesla’s rollout of cheaper Models
#OpenAI's $1 Trillion computing-power Deals
Why Gold Prices have topped $4,000 for the first time
Who will be Apple’s next CEO when #TimCook steps down?
Major Banks want to get their hands on the IPO
of #FannieMae & #FreddieMac⏱️1:07:31
#Pol #Politics #GeoPolitics #WorldNews #News
#AusPol #CdnPoli #EUpol #NZpol #UKpol #USpol
https://youtu.be/wv0IsAs7JKI -
Fed Chair Jerome Powell ‘considering resigning’: report
A senior Trump administration official said Friday that Fed Chair Jerome Powell is “considering resigning” as pressure grows…
#NewsBeep #News #Topstories #Business #DonaldTrump #fanniemae #federal-reserve #freddiemac #Headlines #JeromePowell #ScottBessent #WhiteHouse
https://www.newsbeep.com/2364/ -
Mortgage rates jump above 7% after Moody’s downgrade of U.S. credit
#us #homebuyer #mortgage #economic #uncertainty #labor #market #refinance #applications #borrowers #rates #usa #mortgage #lending #banking #bankers #lenders #residential #construction #builders #jobs #fanniemae #fannie #freddie #mortgages #families #economy #recession #moodys #credit #rating
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Homebuyer mortgage demand drops further, as economic uncertainty roils the housing market
#us #homebuyer #mortgage #economic #uncertainty #labor #market #refinance #applications #borrowers #rates #usa #mortgage #lending #banking #bankers #lenders #buyers #homes #house #residential #construction #builders #jobs #unemployment #employment
#fanniemae #fannie #freddie #underwriting #mortgages #homeownership #families #economy #recession #stagflation #trumpflation #americans
