FHFA under the leadership of Bill Pulte has rescinded, deleted or closed at least eight agency directives without providing notice on the agency’s website or announcing the changes in a press release.
According to FHFA’s inspector general, the Division of Enterprise Regulation has been steadily working with Freddie Mac to remedy deficiencies in the enterprise’s risk management.
A coalition of the leading affordable housing organizations in America gave Fannie Mae a C minus for its duty-to-serve plan. Freddie Mac got a B minus.