Trump administration claims quotas for low-income borrowers hurt the middle class. NAR says where is the data? Consumer and civil rights groups say hundreds of thousands of working class and minority homebuyers will be sent packing. Continue reading
On the eve of reflection, choice and accountability, compliance expert Summer Goralik shares a compliance carol with the real estate industry. Continue reading
Senators Elizabeth Warren and Ron Wyden are asking the DoJ and FTC to “thoroughly investigate” the pending deal, which they claim would “entrench existing antitrust and price manipulation concerns that have been at the center of mounting litigation.” Continue reading
A vote to reappoint 11 of the Fed’s 12 regional bank presidents puts an end to speculation that Trump administration might try to unseat inflation hawks opposed to interest rate cuts. Continue reading
Since the original charges against James were thrown out in November, the DoJ has reportedly tried and failed to obtain indictments from two different federal grand juries. Continue reading
One of four Democrats subjected to criminal referrals by Pulte, Swalwell claims FHFA director “exercises unchecked control” over the mortgage giants and has abused his position by scouring their databases to concoct unfounded accusations of mortgage fr… Continue reading
The prosecutor who filed charges against James and former FBI Director James Comey was unlawfully appointed, a judge ruled. Continue reading
Attorneys for New York Attorney General Letitia James say FHFA Director Bill Pulte and three other Trump administration officials engaged in “outrageous conduct” to obtain baseless indictment against her. Continue reading
Billionaire investor Bill Ackman floats plan to relist mortgage giants on the New York Stock Exchange this year, but says it’s too soon for the government to sell any of its stake. Continue reading
The resignation of Biden appointee Adriana Kugler and pending retirement of Atlanta Fed President Raphael Bostic renews speculation that Trump will seek to undermine Fed independence. Continue reading