Pulte's recent statements highlight a strategic pivot for Fannie Mae and Freddie Mac, aiming for growth and innovation while eradicating unethical practices. He confirmed no further executive changes are anticipated, emphasizing a commitment to making homes more affordable and rooting out mortgage fraud. Following his confirmation as FHFA Director, Pulte's immediate priority will be to release the GSEs from conservatorship, addressing their historical underperformance. Additionally, structural changes within the organizations include board resignations and appointments to enhance governance and oversight.
Pulte's leadership aims for transformative growth at Fannie Mae and Freddie Mac, focusing on affordability, innovation, and eliminating mortgage fraud as core initiatives.
Since his confirmation, Pulte has emphasized pulling Fannie Mae and Freddie Mac out of conservatorship while addressing the agencies' historical underperformance and unethical conduct.
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