FHFA acting Inspector General John “Joe” Allen is set to be fired, Reuters reports, and the position is now vacant as the mortgage giants move…
Posts published in “Barry Habib”
Fannie Mae guts ethics and internal investigations unit: WSJ report
By The Citizen on October 31, 2025
A dozen officials in Fannie Mae’s ethics and internal investigations unit were among 62 people fired on Thursday, “The Wall Street Journal” reports, citing anonymous…
Fannie Mae CEO is out, mortgage giant says in surprise announcement
By The Citizen on October 23, 2025
Fannie Mae President and CEO Priscilla Almodovar has been replaced on an interim basis by Chief Operating Officer Peter Akwaboah. FHFA Director Bill Pulte fired…
Dems seek answers on impact of Fannie, Freddie IPO on rates
By The Citizen on August 29, 2025
Survey shows most Americans are also concerned that privatizing the mortgage giants might lead to higher mortgage rates, although Democrats and independents are more likely…
If Fannie and Freddie go public, what happens to mortgage rates?
By The Citizen on August 8, 2025
Impact on rates depends on the structure of rumored IPO. Whatever the plan turns out to be, the Trump administration has stacked the boards at…
How the mortgage market has evolved over the past decade
By The Citizen on February 10, 2020
If you’re newer to real estate or want a snapshot of how we got to this point in the mortgage industry, here’s a quick look. …