Under a last-minute budget cut, the FHFA inspector general's office will have to cut up to 80% of its staff and cease investigations into mortgage fraud.
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Top Democratic lawmakers are calling on Federal Housing Finance Agency (FHFA) Director Bill Pulte to resign after the agency cut funding for its inspector general, a move they say could effectively shut down the independent watchdog. Senate Minority Leader Chuck Schumer (D-N.Y.
Under a last-minute budget cut, the FHFA inspector general's office will have to cut up to 80% of its staff and cease investigations into mortgage fraud.
