Trump asks Supreme Court to remove Fed Governor Lisa Cook

Lower courts have ruled Cook can continue to serve on the central bank’s board while she challenges the Trump adminstration’s move to fire her over unproven mortgage allegations. Continue reading

Appraisal bias suit against Rocket Mortgage, Solidifi moves forward

Judge rules that appraisal independence regulations do not preclude lenders and appraisal management companies from taking action to remedy biased appraisals. Continue reading

Compass hires former NAR lead attorney as it doubles down on legal battles

Ethan Glass served as lead outside counsel for the National Association of Realtors throughout the trial in the homeseller commission lawsuit known as Sitzer | Burnett. Continue reading

DoJ opens criminal investigation into Fed Governor Lisa Cook

Cook’s attorneys say she did not commit mortgage fraud, and is being targeted by the Trump administration to undermine the Federal Reserve’s independence. Continue reading

Fed Governor Lisa Cook didn’t commit mortgage fraud: attorneys

Hundreds of economists say Trump adminstration’s move to fire Cook “threatens the fundamental principle of central bank independence and undermines trust in one of America’s most important institutions.” Continue reading

Court punts on Trump’s move to remove Fed Governor Lisa Cook

A judge gave attorneys for the Fed governor until Sept. 2 to bolster their argument that she should keep her job, as Bill Pulte leveled new allegations of misrepresentation on a third property. Continue reading

Rocket, Mr. Cooper merger OK’d by Fannie and Freddie regulator

A green light from the Federal Housing Finance Agency and antitrust regulators sets the stage for a Sept. 3 vote by Mr. Cooper shareholders on $9.4 billion mega merger. 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