‘Chairman Powell needs to be investigated by Congress immediately,’ the FHFA director said in a statement on Wednesday. Pulte and President Donald Trump have been trying to pressure Powell to resign amid high interest rates. Continue reading
Lawmakers want assurances that privatizing the mortgage giants or taking them public won’t drive mortgage rates up, and put investor profits “over the homes of millions of Americans.” Continue reading
U.S. homebuilder PulteGroup said it should have been provided with a plan to distribute claims so that it can estimate its recovery amount. But that document doesn’t appear to exist. Continue reading
Anticipating a high demand for homes, a research team at JPMorgan Chase is bullish on several real-estate stocks and investment trusts, according to a new analysis. Continue reading
If you’re newer to real estate or want a snapshot of how we got to this point in the mortgage industry, here’s a quick look. Continue reading