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Story perspectives

Controversial Consultant Sparks Concerns at FHFA

11/8/2025

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Story summary
  • Bill Pulte, the director of the Federal Housing Finance Agency, appointed Mark Zarkin as a consultant for Fannie Mae and Freddie Mac.
  • Zarkin is a controversial figure with a felony sex offense conviction that was later vacated.
  • He is implicated in a lawsuit alleging a bribery scheme to secure a presidential pardon, but denies wrongdoing.
  • Pulte's leadership has raised concerns among FHFA staff about personnel changes and Zarkin's undisclosed role.