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Mortgage Fraud Criminal Probe Opened Against NY AG Letitia James

Mortgage Fraud Criminal Probe Opened Against NY AG Letitia James

by Phil Hall | May 8, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

A criminal investigation has been opened by the FBI and the US Attorney’s Office in Albany into allegations of mortgage fraud committed by New York Attorney General Letitia James. The Albany Times-Union first reported the story, which followed a criminal referral...
FHFA’s Pulte Reveals North Korean and Chinese Nationals Working in the GSEs

FHFA’s Pulte Reveals North Korean and Chinese Nationals Working in the GSEs

by Phil Hall | May 7, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The government-sponsored enterprises (GSEs) of Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) have a curious human resources problem – agents from North Korea and China were discovered working for them. Bill Pulte, director of the Federal Housing Finance...
Lawyer for NY AG Letitia James Demands Justice Dept. Reject Mortgage Fraud Referral

Lawyer for NY AG Letitia James Demands Justice Dept. Reject Mortgage Fraud Referral

by Phil Hall | Apr 24, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A lawyer representing New York Attorney General Letitia James called on the Department of Justice to reject a criminal referral by Federal Housing Finance Agency Director Bill Pulte that accused James of mortgage fraud. The Associated Press reports attorney Abbe...
FHFA Director Pulte Offers Mixed Messaging on the Regulator’s Operations

FHFA Director Pulte Offers Mixed Messaging on the Regulator’s Operations

by Phil Hall | Apr 21, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Federal Housing Finance Agency (FHFA) Director Bill Pulte posted a series of comments on X today that offered somewhat unusual messaging on how the regulatory agency is operating. Pulte first declared, “After 4 years of the housing industry being asleep, Fannie Mae...
NY Attorney General Letitia James Accused of Mortgage Fraud

NY Attorney General Letitia James Accused of Mortgage Fraud

by Phil Hall | Apr 16, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

New York Attorney General Letitia James, who gained national attention for her of Donald Trump and the Trump Organization over alleged real estate valuation fraud, is the subject of a federal criminal referral for instances of alleged mortgage fraud. The New York Post...
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