Story perspectives

Fannie Mae's Fraud Fight Sparks Stock Surge Amid Controversy

9/1/2025

34 3

Summary

Story summary

In May 2025, Fannie Mae partnered with Palantir to address mortgage fraud, resulting in a significant increase in Palantir's stock.
Bill Pulte, head of the Federal Housing Finance Agency, is under investigation for allegedly targeting political opponents, including Federal Reserve member Lisa Cook.
Trump's administration is criticized for using mortgage fraud allegations against rivals, potentially jeopardizing economic stability, according to economist Paul Krugman.

1 of 1

Story summary

In May 2025, Fannie Mae partnered with Palantir to address mortgage fraud, resulting in a significant increase in Palantir's stock.
Bill Pulte, head of the Federal Housing Finance Agency, is under investigation for allegedly targeting political opponents, including Federal Reserve member Lisa Cook.
Trump's administration is criticized for using mortgage fraud allegations against rivals, potentially jeopardizing economic stability, according to economist Paul Krugman.