Bill Pulte, Trump's newly confirmed director of the Federal Housing Finance Administration, reportedly fired Freddie Mac CEO Diana Reid on Thursday, amid sweeping staffing overhauls at FHFA and the ...
Bill Pulte removed a combined 14 board members from Fannie Mae and Freddie Mac and appointed himself as chair of both ...
The dismissal is part of ongoing firings at the major mortgage behemoths and the Federal Housing Finance Agency.
Board members and senior managers have been ousted, and the administration is weighing proposals to privatize the mortgage ...
It's the latest development in Federal Housing Finance Agency Director Bill Pulte’s overhaul of the mortgage giant and its ...
The most immediate risk is that it could disrupt the mortgage market and lead to an increase in the average rate for a ...
Freddie Mac, one of the key government-backed housing finance entities, named its president, Mike Hutchins, as interim chief ...
On Friday, 30-year mortgage rates shed points for the third market day in a row. The new average stands at 6.76%. Rate ...
The top executives at Freddie Mac, along with a top HR official at the FHFA, were fired today, according to a report on ...