Sen. Elizabeth Warren (D-MA) has taken aim at the Trump administration for failing to question Rocket Companies’ (NYSE: RKT) recent acquisition announcements and for seeking to privatize Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC). Reuters reports Warren...
For the fifth time in 10 days, Federal Housing Finance Agency Director Bill Pulte has challenged Federal Reserve Chairman Jerome Powell to enact rate cuts. Earlier today on his X account, Pulte wrote, “Jerome Powell must lower rates, and now. Enough is enough.” Pulte...
President Donald Trump announced that he planned to take Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) public, which would end the federal conservatorship of the government-sponsored enterprises that have been in place since September 2008. In a post on his...
Federal Housing Finance Agency (FHFA) Director Bill Pulte has taken an unprecedented move in openly calling on Federal Reserve Chairman Jerome Powell to lower rates. In a posting on his personal X account – which he now mostly uses for FHFA messaging – Pulte wrote,...
A mortgage fraud probe of Letitia James, a serious HR problem at the GSEs and the surprising site for Disney’s next theme park. From the wild and wooly world of real estate, here are our Hits and Misses for the week of May 5-9. Hit: Karma Get It. When New York...