Fannie Mae Monday morning confirmed to ASR sister publication National Mortgage News that its multifamily unit is the subject of an Inspector General probe being conducted by the Federal Housing Finance Agency (FHFA).

Moreover, NMN has learned that Fannie Mae's chief risk officer in charge of multifamily mortgages, David Worley, departed from the secondary market giant Monday morning. A spokeswoman for the GSE declined to say whether Worley's departure is related to the IG probe.

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