Fannie Mae taps Palantir to detect ‘rampant’ mortgage fraud

Head of mortgage giants’ federal regulator, Bill Pulte, has made fraud an issue after leveling accusations against Trump opponent Letitia James. Continue reading

Tariff fears are behind those big swings in consumer confidence

A surge in the Conference Board’s Consumer Confidence Index for May made the preliminary numbers from a similar U of M survey look “far too negative,” one economist told clients Tuesday. Continue reading

Home price growth rose seasonally in March, but continues to slow

The S&P CoreLogic Case-Shiller National Home Price NSA Index rose by 3.4 percent on an annual basis in March and the Federal Housing Finance Agency’s Home Price Index rose 4 percent. Continue reading

1 in 10 agents in Intel survey say they’ve seen tariffs blow up a deal

Agents and brokers are already feeling the impact of new trade policies, new Intel polling shows, an indication that the brokerage business might not be as insulated from tariffs as once thought. Continue reading

Fannie, Freddie regulator issues dozens of orders out of public eye

FHFA Director Bill Pulte tells ‘crypto influencer’ he’s signed more than 80 orders revamping policies and procedures at the mortgage giants, only 12 of which have been made public. Continue reading

Home prices climbed in February — but the momentum is cooling

The FHFA HPI and S&P CoreLogic Case-Shiller Indices posted a 3.9% annual increase in February, according to data released Tuesday. While that marks another year of gains, the data shows that price growth has moderated. Continue reading

Democrats question legality of Fannie, Freddie board purges

Less than four days after being confirmed as head of the mortgage giants’ federal regulator, housing scion Bill Pulte fired 14 board members and made himself the chair of both companies. Continue reading

Fannie Mae lays off 100 workers citing unethical conduct

Fannie Mae has confirmed the dismissal of over 100 employees in connection with a fraud scheme aimed at its charitable matching program. Continue reading

Fannie Mae lays off 100 workers citing unethical conduct

Fannie Mae has confirmed the dismissal of over 100 employees in connection with a fraud scheme aimed at its charitable matching program. Continue reading

FHFA gutting Fannie, Freddie minority homeownership programs

Flood of orders published without explanation on social media target programs and practices designed to boost lending in minority communities, protect borrowers from unfair or deceptive practices. Continue reading