Federal Reserve Chairman Jerome Powell is planning to attend Wednesday’s oral arguments before the US Supreme Court in the case of President Trump’s attempt to fire Fed Gov. Lisa Cook over allegations that she committed mortgage fraud. The Associated Press, sourcing...
Jerome Powell drops a bombshell, a new movie celebrates a pioneering banker, and the Washington Commanders debut their new stadium’s design. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 12-16. Hit: A Very Big...
Federal Housing Finance Agency (FHFA) Director Bill Pulte has made an unsubtle threat against home builders if they continue making stock repurchases. In a Wall Street Journal interview, Pulte accused builders of intentionally keeping home prices elevated and called...
The editorial board of the Wall Street Journal has called on President Trump to fire Bill Pulte, the director of the Federal Housing Finance Agency. In an editorial titled “Lawfare for Dummies, Monetary Edition,” the Journal identified Pulte as the mastermind behind...
The Trump administration is dropping its efforts to push for 50-year mortgages as a strategy to encourage affordable homeownership. In November, Federal Housing Finance Agency Director Bill Pulte encouraged President Trump to float the idea for the 50-year mortgage....