US-backed mortgage giant Fannie Mae cuts more than 62 jobs across departments

Former Fannie Mae President David Benson Returns in New Role - The MortgagePoint

After stepping down from his role in November 2023, Benson is rejoining the government-sponsored enterprise in the capacity of Senior Adviser.

Fannie Mae cuts 62 jobs under FHFA’s push to streamline operations Fannie Mae cuts 62 jobs amid strategic shift

Fannie Mae cut 62 jobs on Thursday across its operations, technology and diversity teams as part of an ongoing strategy imposed by Federal Housing Finance Agency (FHFA) Director Bill Pulte to reduce positions not related to the enterprise’s core activities. “Today Fannie Mae executed a standard business layoff of over 62 people, across the COO, Information Technology, DEI, and other divisions,” Pulte said. “We, like any business, must eliminate …

Fannie Mae laying off 62 in DEI, COO, and other units: Pulte

The head of the government-sponsored enterprise's oversight agency said the cuts were made to positions that weren't central to mortgages and new home sales.

US-backed mortgage giant Fannie Mae cuts more than 62 jobs across departments

(Reuters) -U.S. government-sponsored mortgage enterprise Fannie Mae has cut more than 62 jobs across departments, including Information Technology, and Diversity, Equity and Inclusion, Federal Housing Finance Agency Director William Pulte said on Thursday. "We, like any business, must eliminate positions that are not core, or otherwise, to mortgages and new home sales. We have 7,000+ employees!" Pulte said in a post on X. Earlier, the Wall Stree…