North America Via Associated Press

Fannie Mae Officials Fired After Revealing Sensitive Mortgage Pricing Data Leaks

Fannie Mae officials were ousted after a confidant of Bill Pulte, the Trump administration's top housing regulator, leaked confidential mortgage pricing data to a competitor, causing alarm among senior officials. The actions have been widely criticized as an ethics breach.

Fannie Mae Officials Fired After Revealing Sensitive Mortgage Pricing Data Leaks
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Fannie Mae officials were ousted after a confidant of Bill Pulte, the Trump administration's top housing regulator, shared confidential mortgage pricing data with a competitor, sparking concerns over a potential data leak and regulatory breaches within the agency. The move comes amid growing scrutiny over the handling of sensitive information by senior Fannie Mae staff. An investigation into the incident is ongoing, but officials say the ousted employees were removed due to their role in sharing confidential data. The situation highlights concerns about the integrity of Fannie Mae's operations and its relationships with regulators and competitors.

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Original source: Associated Press
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