At least 10 senior officials are leaving Fannie Mae, with several roles eliminated, according to WSJ. The shakeup comes as FHFA chief Bill Pulte pushes to take Fannie and Freddie public, raising concerns over stability in the mortgage market.
Sentimentbearish 35
Bearish · 35 of 100
Impact60
medium · sector-wide
Confidence70%
moderate confidence · 2 wires
Eventdeveloping
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Fannie Mae hit by turmoil in senior ranks as at least 10 executives departbearish 30 · impact 40
Fannie Mae faces executive exodus as at least 10 senior officials leavebearish 30 · impact 60 · this page
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