President Trump is reportedly considering whether he can fire Lisa D. Cook, a Federal Reserve governor who was accused this morning of mortgage fraud by Bill Pulte, director of the Federal Housing Finance Agency. Trump posted a message on his Truth Social website...
Federal Housing Finance Agency (FHFA) Director Bill Pulte has made a new criminal referral to the Department of Justice on alleged mortgage fraud, this time aiming at Federal Reserve Governor Lisa D. Cook. In a posting on his personal X account, Pulte claimed that...
Sen. Adam Schiff (D-CA) has launched a legal defense fund as the Department of Justice (DOJ) is reportedly investigating his finances. Last month, President Trump accused Schiff of mortgage fraud while the lawmaker was a member of the House of Representatives. Trump...
Mortgage application activity declined in the week ending Aug. 15, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.4% on a seasonally adjusted basis from one...
Federal Housing Finance Agency (FHFA) Director Bill Pulte has unveiled a video advertisement that reinforces the goal of merging privatizing Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) into a new entity called the Great American Mortgage Corporation. On his...
RE/MAX Holdings Inc. (NYSE: RMAX), parent company of REMAX and Motto Mortgage, has hired Vic Lombardo as president of mortgage services. In his new role, Lombardo will oversee growth and operations for the company’s mortgage services, including Motto Mortgage...