On the product side, Fannie Mae is introducing HomeStyle Refresh, which will replace HomeStyle Energy and expand financing options beginning March 31, 2026. The product allows borrowers to finance purchase or cash-out refinance transactions up to 15% of the as-completed appraised value for renovation costs, following standard loan-to-value requirements. Eligible uses include cosmetic and functional upgrades, disaster repairs, resiliency improvements and environmental remediation for issues such as lead, asbestos or mold.
Anti-DEI measures cited to justify laying off 62 Fannie Mae employees last month may have been a foil for firing ethics investigators looking into whether director Bill Pulte improperly obtained mortgage records for New York Attorney General Letitia James and other targets of President Trump, according to a new report. New York Attorney General Letitia James, speaks to the media after pleading not guilty outside the United States District Court in Norfolk, Va. on Friday, Oct. 24, 2025. (AP Photo/John Clark) AP Photo/John Clark
With the addition of Peter as acting CEO and John Roscoe and Brandon Hamara as co-presidents, we now have a deep bench of three experienced leaders at the very top of Fannie Mae, Bill Pulte, the director of the Federal Housing Finance Agency, said in a statement. This means a safer, sounder Fannie Mae, all while growing our great Fortune 25 company.
Following the move, Hamara resigned from Freddie Mac's board of directors, effective Monday, according to a Securities and Exchange Commission (SEC) filing. Under the Trump administration, the boards of the government-sponsored enterprises (GSEs) have undergone several leadership changes. In his first week as FHFA director, Pulte made immediate waves by removing 14 board members across Fannie Mae and Freddie Mac, adding new ones, and appointing himself chair of both boards. Hamara was among the new members added to Freddie Mac.
The LIHTC program provides tax credits to developers who agree to reserve a portion of their rental units for lower-income households, making it the most effective tool for addressing affordable housing.
Fidelity National Financial has a long history of working with the GSEs and FHFA in protecting homeownership and property rights. We look forward to collaborating with the GSEs and FHFA on innovative title insurance solutions.
