A trio Senate Democrats sent a letter to Bill Pulte, director of the Federal Housing Finance Agency (FHFA), to using his position for political machinations and to focus on lowering housing costs. The senators – Minority Leader Chuck Schumer of New York, Senate...
Saudi Arabia has moved further into the real estate finance realm with its first residential mortgage-backed securities (RMBS) offering. The Saudi Real Estate Refinance Company (SRC), a Public Investment Fund company, coordinated the offering. In a press statement,...
The San Francisco Housing Authority (SFHA) has come up with a new way to evict squatters: give them $5,000 Airbnb gift cards. According to combined media reports, the SFHA has been trying for over a year to remove dozens of households without leases from the decrepit...
The editorial board of the Wall Street Journal took a harsh aim at Bill Pulte, director of the Federal Housing Finance Agency (FHFA), for using Fannie Mae and Freddie Mac to target President Trump’s political foes with mortgage fraud accusations while failing to...
A Long Island real estate attorney was sentenced to up to 12 years in prison for stealing more than $6 million in connection with more than 50 separate real estate transactions between September 2020 and January 2024. According to the charges brought against him,...
The New York City-based cryptocurrency company is pushing back at the Securities and Exchange Commission’s (SEC) fraud lawsuit, accusing the agency of cherry-picking issues and conflating them into a bogus prosecution. CoinTelegraph reports that Unicoin asked a New...
