US-backed mortgage giant Fannie Mae cuts more than 62 jobs across departments

Reuters
10/31
UPDATE 1-US-backed mortgage giant <a href="https://laohu8.com/S/FNMAG">Fannie Mae</a> cuts more than 62 jobs across departments

Recasts with details from FHFA's Pulte post

Oct 30 (Reuters) - U.S. government-sponsored mortgage enterprise Fannie Mae has cut more than 62 jobs across departments, including Information Technology, and Diversity, Equity and Inclusion, Federal Housing Finance Agency Director William Pulte said on Thursday.

"We, like any business, must eliminate positions that are not core, or otherwise, to mortgages and new home sales. We have 7,000+ employees!" Pulte said in a post on X.

Earlier, the Wall Street Journal reported that U.S. President Donald Trump's administration fired about a dozen officials within Fannie Mae's ethics and internal investigations unit, eliminating some guardrails meant to address and head off misconduct.

Fannie Mae and the White House did not respond to a request for comment.

The Trump administration is evaluating a public offering for Fannie Mae and Freddie Mac, possibly as soon as the end of 2025, Pulte said earlier this month.

The enterprises were created to support homeownership by providing affordable mortgage financing, but suffered overwhelming losses when the market collapsed in 2008 and were placed in conservatorship under the FHFA.

(Reporting by Anusha Shah in Bengaluru; Editing by Leslie Adler and Richard Chang)

((AnushaDevang.Shah@thomsonreuters.com))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10