If that were true, President Trump wouldn't have nominated him to begin with. In the unlikely event this does turn out to be true, President Trump will fire him, guaranteed. President Trump is all about rule of law. Sorry if you can't see that.
I suppose that's in the eyes of the beholder. Most ppl here think what the government is doing to the GSE'S is illegal and corrupt.. they seem to think otherwise.
It's difficult to tell the truth from our distant position with 100% certainty, but I doubt if anybody would haul their father and children and family into a hearing with him if he was willing to risk telling half-truths or lies.