Federal Housing Finance Agency (FHFA) Director Bill Pulte stated on August 21, 2025, that the allegation against Federal Reserve Governor Lisa Cook was part of a wider mortgage-fraud crackdown. Pulte made these remarks on Bloomberg Television.
He specifically mentioned Fannie Mae's partnership with Palantir in this context, indicating the use of advanced technology in fraud detection efforts. Pulte had previously urged Attorney General Pam Bondi to investigate Cook over alleged primary occupancy claims on mortgages.
This development underscores the administration's heightened focus on combating mortgage fraud, which is a significant risk factor for Fannie Mae. The ongoing crackdown and technological partnerships aim to strengthen the integrity of the mortgage market.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.