…The Wall Street Journal reported this week that some #FannieMae #ethics & #oversight officials who were fired last month had been investigating whether #BillPulte improperly obtained #mortgage information for #LetitiaJames, who was charged last month with bank fraud after Pulte sent a criminal referral to the #DOJ. She said the charges, which she denies, are politically motivated.

#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #Trump

Others who were part of the email chain included Almodovar, the CEO; COO Peter Akwaboah; Devang Doshi, a snr VP for capital markets; & John Roscoe, a #BillPulte loyalist & fmr #Trump White House aide, who served as #FannieMae’s executive VP of PR & operations.

Days later, Almodovar, McCoy & Evans…were out of a job. Meanwhile, Roscoe was promoted to co-president of the company, while Akwaboah was named acting CEO.

#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap

…Soon, a team at #FannieMae was overseeing an effort to pull together a tranche of #mortgage data, according to emails reviewed by the AP. Smith played a central role and shared the #confidential lender-level pricing information with #FreddieMac, which set off alarms at both companies, according to the emails.

#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #BillPulte #Trump

#BillPulte ’s power over the #mortgage lending industry is unusual. Not long after his #Senate confirmation, he appointed himself chairman of both #FannieMae & #FreddieMac, which hold trillions of dollars in assets. The companies serve as a crucial backstop for the home lending industry by buying up mortgages from individual lenders, which are packaged together & sold to investors.

#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #Trump

…The Wall Street Journal reported this week that some #FannieMae #ethics & #oversight officials who were fired last month had been investigating whether #BillPulte improperly obtained #mortgage information for #LetitiaJames, who was charged last month with bank fraud after Pulte sent a criminal referral to the #DOJ. She said the charges, which she denies, are politically motivated.

#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #Trump

Since his appointment to lead the FHFA, #BillPulte has sought to ingratiate himself with #Trump. The 37-yr-old scion of a homebuilding company fortune, Pulte has cultivated a reputation as a hyper-online millennial with a thirst for recognition & a desire to please Trump. He & his wife also donated about $1 million to Trump’s campaign….

#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap

#BillPulte also has focused on large home #construction companies, which have drawn #Trump’s ire. Pulte requested #confidential #FannieMae #data & has publicly signaled that he is considering a crackdown if the companies do not increase construction volume.

“I’m looking at the Fannie Mae builder data & with the top three homebuilders we buy EASILY over $20 billion in THEIR LOANS!” he posted to X in early October.

#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap

In June, #BillPulte ordered #FannieMae & #FreddieMac to prepare a proposal for the firms to accept #cryptocurrency, another industry #Trump has boosted, as part of the criteria for buying mortgages from #banks. Last week, he persuaded Trump about the allure of a 50-year #mortgage as a way to increase home buying & building—a proposal that was widely criticized because it would drastically increase the overall price of a #loan.

#law #scammers #housing #HousingCrisis #affordability #CostOfLiving

The episode marks the latest example of #BillPulte using what is typically a low-profile position in the federal bureaucracy to enhance his own standing & gain the attention of #Trump. He’s prompted #mortgage #fraud investigations of prominent #Democrats who are some of Trump’s best known antagonists, including Sen #AdamSchiff of California, #NYAG #LetitiaJames & California Rep #EricSwalwell.

#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap

“This is another example of #BillPulte weaponizing his role to do Donald Trump’s bidding, instead of working to lower costs amidst a #HousingCrisis,” said Sen. #ElizabethWarren, of Massachusetts, the ranking #Democrat on the #Senate #Banking Committee. “His behavior raises significant questions, & he needs to be brought in front of #Congress to answer them.”

#law #scammers #housing #affordability #CostOfLiving #WealthGap #Trump

Emails reviewed by The AP show that #FannieMae executives were unnerved about what one called the “very problematic” disclosure of data by Lauren Smith, the company’s head of marketing, who was acting on Pulte’s behalf.

#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #BillPulte #Trump

“Going to the office should feel like you’re walking to your living room, so we really, really want people close,” said Mr. Lee, 22, who chose not to move into the apartments and lives in Cluely’s office, which is housed in a loftlike single-family home. “I feel like I’m more trying to build a frat house, and you don’t commute to a frat house.”

https://www.nytimes.com/2025/10/16/technology/san-francisco-rent-ai-boom.html

#ai #sanfrancisco #housingcrisis

“London developers to be allowed to reduce percentage of affordable homes.” #Labour just love these developers. I can remember when we built Council Houses and all homes were affordable! #HousingCrisis

Update: 9/28/2025 No movement.

Not long now, just 4 days to go

Lateness not tolerated. Please tell a friend or five.

$300.41/$1260 Due 10/3 Rent
$45/$45 phone
$0/$100 Food

Thank you to all who care about me.

v:skillingmesoftly
pypl: kshernandezinc
ko-fi.com/khernandez

#helpfolkslive2025 #mutualaid #disability #housingcrisis #Blackmastdon #BlackMaGe @mutual_aid@starflower.space @MutualAidNet @mutual_aid@hexbear.net @anarchomutual

More about me and ways to bless:

https://linktr.ee/khernandez

Update: 9/28/2025 No movement.

Not long now, just 4 days to go

Lateness not tolerated. Please tell a friend or five.

$300.41/$1260 Due 10/3 Rent
$45/$45 phone
$0/$100 Food

Thank you to all who care about me.

v:skillingmesoftly
pypl: kshernandezinc
ko-fi.com/khernandez

#helpfolkslive2025 #mutualaid #disability #housingcrisis #Blackmastdon #BlackMaGe @mutual_aid@starflower.space @MutualAidNet @mutual_aid@hexbear.net @anarchomutual

More about me and ways to bless:

https://linktr.ee/khernandez

"Carney said $13 billion is earmarked for the new agency, which will help fund the construction of 4,000 modular homes on an initial six sites across the country — with capacity to scale up to 45,000."

I presume that's 45,000 deeply affordable units per year. Not enough, but not bad.

#HousingCrisis

Update:

Stuck at $280/$1341 as of 8/28

Please.

$1260 rent
$45 Phone
$35 skin script (4 mo supply)

Please amplify?

I'm a Black woman, disabled and survivor of many things needing help with rhent, phone and a med for September.

Bonus points if you share privately in safe spaces.

Thank you all. 🥹

#mutualaid #mutualaidrequest #disability #housingcrisis#Blackmastodon#Writers

@mutualaid @mutual_aid@hexbear.net @mutual_aid@starflower.space @disabilityjustice

smart lady explains housing crisis isn't population driven with the graphs and sources to prove it.

https://www.youtube.com/shorts/d1vGy48lpGc

#HousingCrisis#AusPol