Mortgage Giants Fannie Mae and Freddie Mac Brace for Job Cuts

William Pulte, the new director of the Federal Housing Finance Agency, is consolidating control over Fannie Mae and Freddie Mac and questioning employees’ productivity. Appointments and Executive Changes, Real Estate and Housing (Residential), Regulation and Deregulation of Industry, Banking and Financial Institutions, Mortgages, Federal Home Loan Mortgage Corp (Freddie Mac), Federal Housing Finance Agency, Federal National Mortgage Assn (Fannie Mae) William Pulte, the new director of the Federal Housing Finance Agency, is consolidating control over Fannie Mae and Freddie Mac and questioning employees’ productivity. NYT > Business

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