Fannie Mae Fires Over 100 Employees for Unethical Conduct

The US Federal Housing Finance Agency led by director Bill Pulte fired over 100 employees at Fannie Mae, citing unethical conduct including the facilitation of fraud.

• “Since my swearing-in, we fired over 100 employees from Fannie Mae who we caught engaging in unethical conduct, including facilitating fraud, against our great company,” Pulte said
• NOTE: Pulte Moves From Online Brawls to Key Fannie-Freddie Role

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To contact the reporter on this story:
Cameron Baker in Boston at cbaker225@bloomberg.net

To contact the editor responsible for this story:
Zachary Fleming at zfleming2@bloomberg.net

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