Tag Archives: Department of Justice

Letitia James mortgage fraud case thrown out, but can be refiled

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The prosecutor who filed charges against James and former FBI Director James Comey was unlawfully appointed, a judge ruled. Continue reading →

NAR’s Kevin Sears: We need to ‘show everybody that we as Realtors are pro-consumer’

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At the end of his historic two-year term as president of the National Association of Realtors, Kevin Sears reflects on his legacy, the DOJ, 50-year mortgages and more. Continue reading →

There’s nobody in charge of looking out for waste, fraud and abuse at Fannie and Freddie’s regluator

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FHFA acting Inspector General John “Joe” Allen is set to be fired, Reuters reports, and the position is now vacant as the mortgage giants move toward a public offering. Continue reading →

Letitia James pleads not guilty, seeks dismissal of fraud case

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James’ attorneys will argue that she is a victim of vindictive prosecution and that Lindsey Halligan, the lone U.S. attorney who signed her indictment, was appointed illegally. Continue reading →

Feds bust real estate execs in $25.9M scheme against homeless

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Real estate developers Cody Holmes and Steven Taylor have been accused of defrauding a program that funds affordable housing projects and are now facing decades in federal prison. Continue reading →

Feds charge Trump nemesis Letitia James with bank fraud

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James calls allegations over $109,600 mortgage baseless retribution, and a “continuation of the president’s desperate weaponization of our justice system.” Continue reading →

Fannie, Freddie close NY offices as Trump battles Letitia James

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The Trump administration is using its tight control over the mortgage giants to continue a vendetta against New York attorney general and other political opponents, critics say. Continue reading →

Supreme Court not ready to let Trump boot Fed Governor Lisa Cook

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The legal battle over the Fed’s independence will drag into next year, with the Supreme Court to hear oral arguments in January on the Trump administration’s bid to fire Cook. Continue reading →

Compass-Anywhere merger FAQ: How will it change real estate?

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What does the Compass-Anywhere deal mean for private listings? For NAR? For agents in the trenches? We’ve got the answers Continue reading →

MLS PIN wins final settlement approval in Nosalek case

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A judge had previously granted preliminary approval of the $3.95M settlement, which removed the option to display offers of compensation to buyer brokers on the MLS. Continue reading →