US-backed mortgage giant Fannie Mae cuts more than 62 jobs across departments

(Reuters) -U.S. government-sponsored mortgage enterprise Fannie Mae has cut more than 62 jobs across departments, including Information Technology, and Diversity, Equity and Inclusion, Federal Housing Finance Agency Director William Pulte said on Thursday. "We, like any business, must eliminate positions that are not core, or otherwise, to mortgages and new home sales. We have 7,000+ employees!" Pulte said in a post on X. Earlier, the Wall Street Journal reported that U.S. President Donald Trump's administration fired about a dozen officials within Fannie Mae's ethics and internal investigations unit, eliminating some guardrails meant to address and head off misconduct. Fannie Mae and the White House did not respond to a request for comment. The Trump administration is evaluating a public