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flag Senate confirms Bill Pulte as FHFA head, focusing on fraud fight, not privatization of Fannie Mae, Freddie Mac.

flag The U.S. Senate has confirmed Bill Pulte as the new head of the Federal Housing Finance Agency (FHFA), overseeing Fannie Mae and Freddie Mac. flag Pulte does not prioritize privatizing these mortgage giants, emphasizing careful consideration to avoid disrupting mortgage markets and increasing borrowing costs for homebuyers. flag His focus will be on combating fraud and ensuring efficient operations within the companies, which were placed under government control after the 2008 financial crisis.

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