In a sweeping move to clean house, the U.S. Federal Housing Finance Agency (FHFA) has fired over 100 Fannie Mae employees for engaging in unethical conduct—including the facilitation of fraud, according to an official press release.
The decision comes as part of an aggressive crackdown on corruption in the housing finance sector, amid what many are calling a new era of accountability under President Trump’s second term.
“In President Trump’s housing market, there is no room for fraud, mortgage fraud, or any other deceitful act,” said William J. Pulte, Chairman of the Fannie Mae Board. “Anyone who commits fraud against Fannie Mae does so against the American people.”
The fired employees are accused of undermining the safety and soundness of the U.S. housing system by participating in fraudulent activity. While the FHFA has not yet disclosed the specific nature of the schemes, the move signals a zero-tolerance stance.
“We hold our employees to the highest standards, and we will continue to do so,” said Priscilla Almodovar, President and CEO of Fannie Mae.
Public Demands Accountability
The firings have sparked public outcry for criminal charges, with many Americans calling on Attorney General Pam Bondi to take swift action.
“The fraudsters must be arrested, or nothing will change,” wrote one outraged citizen online, echoing the frustrations of taxpayers who feel betrayed.
With billions of taxpayer dollars at stake and the housing market already under strain, pressure is mounting for real consequences beyond job termination.
This mass firing comes as part of a broader Trump-era effort to drain the swamp and restore trust in America’s financial institutions—starting with those who were entrusted to safeguard the dream of homeownership.
