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Senate confirms Bill Pulte as FHFA head, focusing on fraud fight, not privatization of Fannie Mae, Freddie Mac.
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.
Pulte does not prioritize privatizing these mortgage giants, emphasizing careful consideration to avoid disrupting mortgage markets and increasing borrowing costs for homebuyers.
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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El Senado confirma a Bill Pulte como jefe de FHFA, centrándose en la lucha contra el fraude, no en la privatización de Fannie Mae, Freddie Mac.