"The first thing GAO does as any work begins is to determine the full scope of what we will cover and the methodology to be used. This can take a few months, and until that is done, we cannot provide any estimates on a completion date, the spokesperson said. Sens. Elizabeth Warren (D-Mass.), Sheldon Whitehouse (D-R.I.), Catherine Cortez Masto (D-Nev.), Jack Reed (D-R.I.), Tina Smith (D-Minn.), Chris Van Hollen (D-Md.), Lisa Blunt Rochester (D-Del.) and Richard Durbin (D-Ill.) requested the GAO review of Pulte's actions."
"Pulte has made criminal referrals against New York Attorney General Letitia James, Sen. Adam Schiff (D-Calif.), Federal Reserve Gov. Lisa Cook and Rep. Eric Swalwell (D-Calif.). The senators wrote that, it is unclear why Pulte made these claims, how he accessed the information as Director to make such claims, and whether and how official FHFA resources staff time, government communications systems, or privileged data were used to do so, the senators wrote."
GAO must determine the full scope and methodology before estimating a completion date, a process that can take months. Democratic senators requested a GAO review of Pulte's actions amid his criminal referrals against Letitia James, Adam Schiff, Lisa Cook and Eric Swalwell. Senators questioned why he made the referrals, how he accessed information as Director, and whether FHFA resources, staff time, communications systems or privileged data were used. Public disclosure of the referrals could violate the Privacy Act of 1974. Reports say internal concerns about his methods prompted Fannie Mae investigations into possible improper access to mortgage records and led to removals or resignations, including Suzanne Libby, Danielle McCoy, and FHFA acting inspector general Joe Allen.
Read at www.housingwire.com
Unable to calculate read time
Collection
[
|
...
]