Senate Democrats question Pulte’s actions at FHFA, GSEs

FHFA Director William Pulte Issues a Series of Orders Ending Assorted GSE Programs and Policies - Weiner Brodsky Kider PC

In a series of posts on X (formerly Twitter) on March 25, 2025, FHFA Director William Pulte issued orders terminating special purpose credit programs (SPCPs) and Fannie Mae’s “repair all” strategy related to real-estate owned property; as well as orders rescinding a bulletin explaining the agency’s role in UDAP enforcement, a bulletin that had required the GSEs each to establish a “climate-related risk management framework into its existing ente…

Senate Democrats question Pulte’s actions at FHFA, GSEs

A coalition of nine Democratic U.S. senators have sent a pair of formal letters to Federal Housing Finance Agency Director Bill Pulte over concerns that his recent actions to replace key leaders at the FHFA and the government-sponsored enterprises (GSEs) “do not appear to be consistent,” with federal laws or regulations. On March 31, a coalition of eight Democratic senators led by Lisa Blunt Rochester (Del.) requested that Pulte provide “clarity…