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Fannie & Freddie in Turmoil: What It Means for You
Bill Pulte is cleaning house at Fannie Mae and Freddie Mac, removing board members while exposing shocking inefficiencies—only 49 out of 2,900 employees were showing up to work. Meanwhile, Fannie’s growing condo blacklist is making it nearly impossible to get financing on certain properties. With billions at stake, could this shakeup disrupt the mortgage market?