The probe was referred to the FHFA’s Workplace of Inspector Normal (OIG), and the report was later despatched to the U.S. legal professional’s workplace in japanese Virginia — the identical workplace that filed a felony case alleging mortgage fraud towards James, who has denied wrongdoing and pleaded not responsible.
Following the investigations, a few dozen members of Fannie Mae’s ethics and inside investigations unit had been fired, WSJ reported. Suzanne Libby, Fannie Mae’s chief ethics officer, was eliminated, and Danielle McCoy, who served as normal counsel, resigned below stress.
The FHFA’s appearing inspector normal, Joe Allen, who forwarded the report back to prosecutors, was additionally asked to step down final week.
Neither the FHFA nor Fannie Mae instantly responded to HousingWire‘s request for remark.
Pulte has cited diversity, equity and inclusion (DEI) initiatives as a purpose for layoffs on the government-sponsored enterprises. And he has issued referrals to the Division of Justice (DOJ) concerning allegations of mortgage fraud, together with towards California Sen. Adam Schiff and Federal Reserve Governor Lisa Cook. Neither has been charged.
Pulte has denied “political weaponization” when requested concerning the sources of mortgage fraud suggestions and the allegations. He has additionally declined to say whether or not he’s scrutinizing Texas Lawyer Normal Ken Paxton — a Republican who has reportedly listed three properties as his main residence, in line with The Related Press.
“It doesn’t matter in case you’re a Republican or a Democrat or a Fed Governor or somebody who mans a comfort retailer,” Pulte has mentioned in a September interview with CNBC. “Should you commit mortgage fraud, you have to be held accountable.”
