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#fanniemae — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #fanniemae, aggregated by home.social.

  1. 105.120 Std. Südpol @ Südpol - 04 Apr feat. Nixe, Faul, Fannie Mae + more

    #SESH #Nixe #Faul #FannieMae

    sesh.sx/e/1962174

  2. Ooooph.

    Fannie Mae will start accepting crypto-backed mortgages ( per WSJ )

    This is NOT gonna end well.

    #TurdReich #crypto #FannieMae

  3. FHFA Director Bill Pulte, a close Trump ally, announced that Fannie Mae and Freddie Mac will implement Trump's order to purchase mortgage-backed securities, signaling a potential shift in U.S. housing finance policy.
    #YonhapInfomax #FHFA #FannieMae #FreddieMac #MortgageBackedSecurities #BillPulte #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  4. Michael Burry, famed for "The Big Short," has unveiled four top stock picks—Lululemon, Molina Healthcare, Shift4 Payments, and Fannie Mae—highlighting value opportunities amid market volatility, while maintaining bearish bets on AI-related stocks.
    #YonhapInfomax #MichaelBurry #Lululemon #FannieMae #StockPicks #MarketCorrection #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  5. Michael Burry, famed for "The Big Short," has unveiled four top stock picks—Lululemon, Molina Healthcare, Shift4 Payments, and Fannie Mae—highlighting value opportunities amid market volatility, while maintaining bearish bets on AI-related stocks.
    #YonhapInfomax #MichaelBurry #Lululemon #FannieMae #StockPicks #MarketCorrection #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  6. #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

  7. 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

  8. 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.”

    #law #scammers #housing #affordability #BillPulte #Trump

  9. …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

  10. 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.

    #law #housing

  11. #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

  12. …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

  13. #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

  14. 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

  15. 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.

    #law #Trump

  16. “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.”

    #law #Trump

  17. 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

  18. 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
    apnews.com/article/fannie-mae-

  19. —> #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
    youtu.be/wv0IsAs7JKI

  20. 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
    newsbeep.com/2364/

  21. Bill Pulte, #Trump’s dir of the Federal #Housing #Finance Agency #FHFA since Mar 14, 2025, issued a stmnt saying >100 employees of #FannieMae, a govt-controlled firm that underpins much of the country’s #mortgage industry, have been fired for “unethical conduct, including facilitating *fraud*.”

    The stmnt offered no info about the conduct he claimed the fired employees engaged in. Pulte said he intends to make Fannie Mae & #FreddieMac *better* businesses.

    #law #USpol
    fhfa.gov/news/news-release/fan

  22. The maximum #size of #home #mortgage loans eligible for backing by #FannieMae and #FreddieMac will rise to $1,089,300 next year in a few expensive markets, such as San Francisco and Washington, D.C., from $970,800 this year, the Federal Housing Finance Agency said Tuesday.

    wsj.com/articles/u-s-governmen