FHFA is establishing a mortgage fraud tip line
Federal
Housing
Finance
Agency
(FHFA)
Director
Bill
Pulte
announced
via
social
media
platform
X
that
the
agency
is
establishing
a
tip
line
for
reporting
mortgage
fraud
activity.
Pulte
announced
the
intent
to
create
a
tip
line
on
Monday
via
his
personal
X
account.
A
day
later,
he
shared
an
email
address,
[email protected],
where
mortgage
fraud
allegations
can
be
directed.
In
several
other
posts,
Pulte
has
denounced
mortgage
fraud.
In
one
post,
Pulte
wrote,
“There
is
no
room
for
fraud
in
our
mortgage
markets.
None.
We
will
continue
to
root
out
frauds
and
cheats
wherever
we
find
it.
No
one
and
no
company
is
above
the
law
—
no
one.”
It’s
unclear
who
will
be
investigating
the
claims
or
if
there
will
be
enforcement
action
involved.
The
FHFA
did
not
immediately
respond
to
HousingWire‘s
request
for
comment.
Pulte’s
crusade
against
mortgage
fraud
began
as
soon
as
he
was
appointed
as
the
FHFA’s
director.
“Eliminating
mortgage
fraud
and
fraud
in
general
will
be
a
main
focus
at
Fannie,
Freddie,
and
the
Federal
Home
Loan
Banks,”
he
posted
after
his
confirmation.
Last
week,
Pulte
took
to
X
to
announce
the
termination
of
more
than
100
Fannie
Mae
employees
for
“unethical
conduct.”
“In
President
Trump’s
housing
market,
there
is
no
room
for
fraud,
mortgage
fraud,
or
any
other
deceitful
act
that
can
jeopardize
the
safety
and
soundness
of
the
housing
industry,”
Pulte
wrote.
“Since
my
swearing-in,
we
fired
over
100
employees
from
Fannie
Mae
who
we
caught
engaging
in
unethical
conduct,
including
facilitating
fraud,
against
our
great
company.
Anyone
who
commits
fraud
against
Fannie
Mae
does
so
against
the
American
people.”
