Source: Fox News
“New York state’s Fannie Mae and Freddie Mac offices will permanently close in direct response to Attorney General Letitia James'[s] ‘corrupt and dangerous business practices’ in the state, Fox News Digital learned Thursday. ‘We are shutting down the two New York offices for Fannie and Freddie as a result of Letitia James'[s] corrupt and dangerous business practices in the state,’ a source close to the Federal Housing Finance Agency (FHFA), which oversees government-sponsored enterprises, told Fox News Digital. A public announcement on the closures is set for later Thursday, Fox News Digital learned. ‘We’ll still employ New York residents, and we’ll still continue to do mortgage loans in New York, of course,’ the source continued. ‘But we are going to eliminate our physical presence.'” (10/02/25)