The lawsuit follows another complaint last month by 66 terminated staff members who said their dismissals constituted national origin- and age-based discrimination. Each of those complainants are of Indian descent.
The FHFA has yet to issue a statement responding to the new lawsuit.
Latest development in a dramatic year for Fannie
Fannie and fellow government-sponsored enterprise (GSE) Freddie Mac have rarely been far from the headlines this year, with recent reporting indicating that the Trump administration is planning to launch an IPO for the mortgage giants before the end of 2025.
Pulte and Trump both circulated images referencing a “Great American Mortgage Corporation” on social media at the weekend, fueling speculation that Fannie and Freddie could be merged for that planned public offering.
As the Trump administration embarked on a flurry of cutting measures around Washington in its opening months in office, Pulte also initiated a leadership shakeup at the GSEs by removing more than a dozen board members at Fannie and Freddie during his first week as FHFA director and named himself chairman of both boards, placing dozens of agency staff on administrative leave.