Pulte in Charge: FHFA Chief Moves to Shake Up Fannie and Freddie

Also, Waters demands answers on SEC regional office closures; Hood says OCC will offer regulatory sandboxes

If there was any doubt about who is in charge of Fannie Mae and Freddie Mac in the Trump administration, Bill Pulte erased it late last night. In a move that took much of the housing finance world by surprise, the newly installed FHFA director unilaterally named himself chairman of the board of both companies – and dismissed a number of directors to boo…