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Fannie Mae, Freddie Mac's NY offices to shutter in response to AG James’ ‘corrupt’ practices
- Fannie Mae and Freddie Mac's New York offices will permanently close due to claims about Attorney General Letitia James' "corrupt and dangerous business practices" in the state.
- The closure follows an investigation by the Department of Justice into James' personal mortgages, which began after a referral from FHFA Director Bill Pulte.
- James has denied any wrongdoing, stating that her mortgage agreement did not require her to occupy the Norfolk property as her primary residence.
- A source from the FHFA confirmed the decision to close the New York offices but assured that mortgage operations would continue in the state.
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EXCLUSIVE: Fannie Mae, Freddie Mac's NY offices to shutter in response to AG James’ ‘corrupt’ practices
Fannie Mae and Freddie Mac will close their New York offices in response to Attorney General Letitia James' business practices, Fox News Digital exclusively learned.
·New York, United States
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Report: FHFA Closing Fannie Mae and Freddie Mac's NY Offices Due to Letitia James' 'Corrupt and Dangerous Business Practices'
Fox News first reported the story, culling its information from an unnamed “source close to the Federal Housing Finance Agency." Continue Reading Report: FHFA Closing Fannie Mae and Freddie Mac’s NY Offices Due to Letitia James’ ‘Corrupt and Dangerous Business Practices’ The post Report: FHFA Closing Fannie Mae and Freddie Mac’s NY Offices Due to Letitia James’ ‘Corrupt and Dangerous Business Practices’ appeared first on Weekly Real Estate News.
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Total News Sources4
Leaning Left0Leaning Right3Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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