North Koreans infiltrated US government-owned mortgage companies, official says



News North Koreans infiltrated US government-owned mortgage companies, official says DPRK and Chinese contractors referred for investigation after allegedly working for Fannie Mae and Freddie Mac Shreyas Reddy May 7, 2025 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON North Koreans using computers at the Pyongyang Sci-Tech Complex \| Image: NK News (Oct. 2016) The U.S. government has discovered that multiple North Koreans infiltrated leading U.S. mortgage loan companies, according to the head of Washington’s housing finance agency, highlighting the growing threat posed by Pyongyang’s remote workers. “We recently criminally referred some North Koreans and Chinese for working inside Fannie Mae and Freddie Mac,” Federal Housing Finance Agency (FHFA) Director Bill Pulte said in an interview with Bloomberg TV on Tuesday, referring to the two biggest U.S. government-owned mortgage finance enterprises. The U.S. government has discovered that multiple North Koreans infiltrated leading U.S. mortgage loan companies, according to the head of Washington’s housing finance agency, highlighting the growing threat posed by Pyongyang’s remote workers. “We recently criminally referred some North Koreans and Chinese for working inside Fannie Mae and Freddie Mac,” Federal Housing Finance Agency (FHFA) Director Bill Pulte said in an interview with Bloomberg TV on Tuesday, referring to the two biggest U.S. government-owned mortgage finance enterprises. Try unlimited access Only $1 for four weeks Unlimited access to all of NK News: reporting, investigations, analysis Year-one discount if you continue past $1 trial period The NK News Daily Update, an email newsletter to keep you in the loop Searchable archive of all content, photo galleries, special columns Contact NK News reporters with tips or requests for reporting Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts. Subscribe now All major cards accepted. No commitments – you can cancel any time. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Update Start your day with the North Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily News Update. Trending

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North Koreans infiltrated US government-owned mortgage companies, official says

DPRK and Chinese contractors referred for investigation after allegedly working for Fannie Mae and Freddie Mac

Shreyas Reddy May 7, 2025

North Koreans infiltrated US government-owned mortgage companies, official says

North Koreans using computers at the Pyongyang Sci-Tech Complex | Image: NK News (Oct. 2016)

The U.S. government has discovered that multiple North Koreans infiltrated leading U.S. mortgage loan companies, according to the head of Washington’s housing finance agency, highlighting the growing threat posed by Pyongyang’s remote workers.

“We recently criminally referred some North Koreans and Chinese for working inside Fannie Mae and Freddie Mac,” Federal Housing Finance Agency (FHFA) Director Bill Pulte said in an interview with Bloomberg TV on Tuesday, referring to the two biggest U.S. government-owned mortgage finance enterprises.

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North Koreans infiltrated US government-owned mortgage companies, official says

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