Tag Archives: trump

Outside lawyers, WSJ editorial board urge Trump not to fire Powell

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Trump administration would probably lose court battle, lawyers reportedly advise White House, and markets would react badly, “The Wall Street Journal” warns. Continue reading →

Mortgage rates are headed up again on June CPI inflation report

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Inflation moved away from Fed’s 2 percent target for the second month in a row, with the cost of goods and services rising 2.7 percent from a year ago, up from 2.3 percent in April. Continue reading →

Trump adminstration accuses another political opponent of mortgage fraud: Adam Schiff

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Like Leticia James, Sen. Adam Schiff denies lying on mortgage applications and decries “baseless attempt at political retribution” that won’t stop him from holding Trump accountable. Continue reading →

Trump adminstration accuses another political opponent of mortgage fraud: Adam Schiff

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Like Leticia James, Sen. Adam Schiff denies lying on mortgage applications and decries “baseless attempt at political retribution” that won’t stop him from holding Trump accountable. Continue reading →

Fed rebuts accusations that Powell mismanaged $2.5B renovation

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Central bank refutes allegations by Trump administration officials that headquarters renovation project has been mismanaged and that Powell lied to Congress about its specifics. Continue reading →

Mortgage lenders ask for more guidance on VantageScore 4.0

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FHFA Director Bill Pulte is reportedly “on thin ice” with several Trump administration officials over lack of communication on new Fannie and Freddie credit score policy. Continue reading →

Trump official: Fed chair to answer for ‘ostentatious’ renovations

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OMB Director Russell Vought put accusations that Fed Chair Jerome Powell lied to Congress about a $2.5 billion renovation of the Fed’s headquarters in writing Thursday. Continue reading →

Homebuyers rushed to lenders last week as mortgage rates dipped

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Rates are on the rebound again as investors weigh a strong June jobs report and the Trump administration’s threats to impose new tariffs in August. Continue reading →

New rules for Fannie, Freddie credit scoring are stumping lenders

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Mortgage giants allegedly weren’t informed in advance that they’d be required to accept VantageScore 4.0, and lenders have lots of questions about how the new process will work. Continue reading →

Fannie, Freddie ordered to accept new VantageScore 4.0 credit score

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While questions remain about the new policy, FHFA Director Bill Pulte says lenders must still use “tri-merge” process to obtain scores from all three major credit bureaus. Continue reading →