Fannie Mae and Freddie Mac completed 48,439 foreclosure-prevention actions during the second quarter of 2026, according to a new Federal Housing Finance Agency report that offers a fresh look at borrower distress as mortgage rates move back above 7%. The actions...
A Dallas real estate investor who prosecutors said promised investors first-position liens on residential properties while repeatedly failing to provide those protections has been sentenced to 188 months in federal prison. Charles Carrier, 67, was also ordered to pay...
A former executive director of two Connecticut housing authorities has been indicted on federal fraud and money-laundering charges in a case prosecutors say involved a $16.2 million loan allegedly obtained with fraudulent authorization documents. The U.S. Attorney’s...
Two sisters who worked for a federally funded tribal housing organization in New Mexico are accused of using fake vendors to divert housing money and recover much of it in cash, according to a federal indictment announced Thursday. The U.S. Attorney’s Office for the...
A federal judge in Michigan has dismissed a proposed class action accusing United Wholesale Mortgage and its 401(k) committee of violating federal benefits law by using forfeited employer contributions to reduce UWM’s future contributions to its retirement plan. U.S....
Optimal Blue Buys Usherpa, Bringing Borrower Outreach Into Mortgage Pricing…
