Trump says he has ousted Fed governor, defying precedent

Trump has attempted to remove Lisa Cook from the rate-setting board over allegations made by the head of FHFA. Cook has denied wrongdoing and said she would continue serving on the board. Continue reading

Pulte dismisses claims he is ‘weaponizing’ mortgage fraud

A “Wall Street Journal” editorial calls Pulte’s criminal referral of Federal Reserve governor “an ominous turn in political lawfare” and warns that “weaponizing” Fannie and Freddie’s federal regulator “won’t build confidence in America’s institutions o… Continue reading

Trump tells Federal Reserve governor Lisa Cook to ‘resign now’

The president asked Cook to resign from her post after FHFA Director Bill Pulte accused her of mortgage fraud. Pulte has leveled similar accusations against other political adversaries Continue reading

Trump tells Federal Reserve governor Lisa Cook to ‘resign now’

The president asked Cook to resign from her post after FHFA Director Bill Pulte accused her of mortgage fraud. Pulte has leveled similar accusations against other political adversaries Continue reading

Trump tells Federal Reserve governor Lisa Cook to ‘resign now’

The president asked Cook to resign from her post after FHFA Director Bill Pulte accused her of mortgage fraud. Pulte has leveled similar accusations against other political adversaries Continue reading

Elizabeth Warren calls Pulte out for social media attacks on Powell

In July alone, 114 posts raise “significant questions about your judgment and commitment to operating FHFA in a responsible, competent, and lawful manner,” Senator scolds Fannie, Freddie regulator. Continue reading

Backers of rival mortgage credit scores wage public relations war

As new scoring models by Fair Isaac and VantageScore vie for acceptance by Fannie Mae and Freddie Mac, claims and counterclaims fly. In the meantime, mortgage giants are stuck with FICO Classic. Continue reading

Trump adminstration accuses another political opponent of mortgage fraud: Adam Schiff

Like Leticia James, Sen. Adam Schiff denies lying on mortgage applications and decries “baseless attempt at political retribution” that won’t stop him from holding Trump accountable. Continue reading

Trump adminstration accuses another political opponent of mortgage fraud: Adam Schiff

Like Leticia James, Sen. Adam Schiff denies lying on mortgage applications and decries “baseless attempt at political retribution” that won’t stop him from holding Trump accountable. Continue reading

California legislator proposes $1.25B affordable housing bill

United States Representative Adam Schiff (D-Calif.) is taking another shot at solving America’s housing crisis, this time through a proposal to convert government-owned buildings into affordable rental housing.

The Affordable Housing Conversion Act … Continue reading