Fannie Mae Has Fired Over 100 Employees, Citing Fraud

On Tues. April 8, government sponsored-enterprise Fannie Mae announced that over the past few weeks, it had fired over 100 employees due to fraud, including mortgage fraud, against the company. The announcement did not elaborate on the specifics of what the claimed fraud was. William J. Pulte, director of the Federal Housing Finance Agency (FHFA),…

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