The Federal Housing Finance Agency, led by its director, William Pulte, ousted 14 members of the boards of Fannie Mae and ...

Fannie Mae and Freddie Mac are unique entities in their company structure. Their close relationship with the federal government gives them access to lower borrowing costs and more investor ...

Bill Pulte installed himself as the chair of the boards for both companies as the potential for privatization looms large.

Advisors to this transaction are Citigroup Global Markets Inc. and BofA Securities, Inc., as co-lead managers and joint bookrunners, and Nomura Securities International, Inc., Oppenheimer & Co. Inc., ...