Fired Fannie Mae Employees Launch Lawsuit Over Fraud Dispute — RISMedia
By: Claudia Larsen | Published: 2025-07-25 16:00:00 | Source: www.rismedia.com
Over 65 of the 100 ex-employees recently fired from Fannie Mae are seeking reinstatement, back pay and other financial relief in a lawsuit against the government-sponsored enterprise.
In April, the organization had dismissed a slew of employees due to alleged unethical conduct. Per the lawsuit, the removed employees received an email from Fannie Mae Human Resources, directing them not to come into the office, but to instead attend a Microsoft Teams call at 10 a.m. on April 3, 2025. During the call, they were all told that they were being terminated for fraud.
The fraud was described as a misuse of Fannie Mae’s matching gifts program, in which the company matches employees’ donations (up to $5,000) to eligible causes and organizations. According to…
