#fhfa

Jacob Knutson at Democracy Docket:

President Donald Trump tapped loyalist Bill Pulte, a top housing official, to serve as acting director of national intelligence (DNI), a cabinet position tasked with overseeing the U.S. intelligence community. Pulte currently leads the Federal Housing Finance Agency (FHFA) and has no known experience in intelligence. What he does offer is loyalty: Known in MAGA circles as “Little Trump,” Pulte has used his relatively minor federal housing post — and his chairmanship of mortgage groups Fannie Mae and Freddie Mac — to help target a swath of the president’s enemies.

In a statement, Sen. Mark Warner (Va.), the top Democrat on the Senate Intelligence Committee, slammed Pulte as “someone who will be willing to shape intelligence around the president’s wishes, regardless of the cost to the American people.” “This is how intelligence becomes politicized, how inconvenient facts disappear, how agencies charged with protecting our democracy become tools to manipulate it, and how Americans are left more vulnerable to a terrorist attack,” Warner said. Asked Tuesday about the appointment, Senate Republican Leader John Thune (S.D.) told reporters that Pulte would have “a lengthy road ahead of him” if Trump nominated him to take the position permanently. “He’ll have to go through a confirmation process and hearings and everything else, so we’ll see,” Thune said, adding that “we don’t need a weaponized DNI; we need professionals there.”

Profiting from Jared’s position? Profiting from Trump’s presidency?

Context #KushnerSwamp  — Kushner #ExecutiveTime

Jared only “partially divested himself“ from Kushner Cos.

In 2017, Kushner Cos. received loans after White House meetings between Jared and Joshua Harris, a founder of Apollo Global Management,  advising Trump administration officials on infrastructure policy

Joshua Kushner now heads Kushner Companies LLC

BUT Jared and Josh Kushner bought a Manhattan hotel in Nov 2018 using Kushner Cos.

2 Degrees of Separation  #TrumpSwamp  #Ivanka

Fannie Mae and Freddie Mac are under the control of the Federal Housing Finance Agency (FHFA) because of their role in the Financial Crisis of 2007 (2nd great recession)

Trump’s nominee Mark Calabria, the chief economist for Vice President Mike Pence is expected to be confirmed by the Senate. In the meantime, Trump appointed Joseph Otting as the acting director to run the FHFA and oversee Fannie Mae and Freddie Mac.

The company has been in talks with Fannie Mae and Freddie Mac about a loan for a $1.15 billion purchase of apartments in Maryland and Virginia, according to two people familiar with the discussions, who asked not to be named discussing a private transaction.

...

Kushner Cos. had more than $500 million in loans from Fannie and Freddie at that time. Government-backed financing on this latest deal could more than double that figure.

PR

“As part of an ethics agreement he has and has followed, Mr. Kushner has had no role in the Kushner Companies or its activities since joining the government over two years ago,” Mirijanian said. “He is walled off from any business or investment decisions and has no idea or knowledge of these activities."

“The election has not changed Kushner Companies’ relationship with Fannie Mae and Freddie Mac,” Fannie and Freddie spokesperson 2017

Nothing to worry about?

Kushner’s Family Business Received Loans After White House Meetings - NYTimes Feb 2018    

Trump’s and Kushner’s companies are doing business together. That’s alarming. - Vox March 2018

Fannie Mae States There Is No Evidence NY AG Committed Fraud. This Is The Latest Twist In The Letitia James Morgage Fraud Case Senior Fannie Mae fraud investigators say the New York Attortey General did not commit mortgage fraud. They also stated there is also no clear evidence to prove that the New York AG committed mortgage fraud. This information is the latest blow to the Trump administration…

Sotheby’s Worldwide Realty dealer Jenna Stauffer discusses U.S. mortgage charges on ‘The Claman Countdown.’ Federal Housing Finance Company Director Invoice Pulte stated the federal government company is “actively evaluating” moveable mortgages, which might enable a house owner to switch their mortgage from their present house to a brand new house after they transfer.  With moveable mortgages,…

Donald Trump’s Revenge! Trump Has His “Department of Revenge” Indict Letitia James For Mortgage Fraud The Department of Justice has indicted New York Attorney General Letitia James. This is all part of Donald Trump’s revenge plans. The question is, who’s next as Trump carries out delusional revenge fantasies through his “Department of Revenge.” Sources told CNN that James was indicted in…

FHFA Chair Pulte Posts New Criminal Referral Against Fed Governor Lisa Cook. But Is It Really Mortgage Fraud Or Politics? FHFA Chair Pulte has escalated the fight between the Trump Administration and Federal Reserve Board Governor Lisa Cook. Trump is accusing Cook of mortgage fraud.  Trump is desperately trying to get control of the Federal Reserve board. Why? It’s because the Federal Reserve…