Three Democratic lawmakers are requesting information about a recent round of firings at Fannie Mae, the Federal National Mortgage Association, and whether the fired employees received due process.
Bill Pulte, director of the Federal Housing Finance Agency, announced last week that the government-sponsored enterprise had fired at least 100 employees who were “caught engaging in unethical conduct, including facilitating fraud, against our great company.”
But the lawmakers are concerned that Fannie Mae fired the employees with little transparency, and they say they’re suspicious that most of the employees appear to be Indian American. In a letter requesting additional information, they said that many of the fired employees had donated to organizations connected to the Indian American community through Fannie Mae’s matching gift program, which matches charitable contributions made by employees of up to $5,000, according to Fannie Mae’s website.