More than 60 former employees of Fannie Mae (OTCQB; FNMA), all of whom are US citizens of Indian nationality, have filed a lawsuit in federal court accusing the government-sponsored enterprise of discrimination. The lawsuit stated the plaintiffs learned of their...
Sen. Adam Schiff (D-CA) has pushed back at President Donald Trump’s statement that the lawmaker engaged in mortgage fraud by claiming the allegations were raised to divert attention from the growing controversy regarding the administration’s handling of the Jeffrey...
President Donald Trump has accused Sen. Adam Schiff (D-CA) of mortgage fraud when Schiff was a member of the House of Representatives. In a posting on Truth Social, Trump stated Schiff listed a property in Maryland as his primary residence so he could achieve more...
The Wall Street Journal’s editorial board has published two scathing criticisms of the housing policies espoused by President Donald Trump and Federal Housing Finance Agency Director Bill Pulte. In the editorial “How to Increase Mortgage Defaults,” the Journal’s...
The decision by Federal Housing Finance Agency (FHFA) Director Bill Pulte to explore the viability of incorporating cryptocurrencies into the secondary mortgage market received a major vote of approval from high-profile investor Cathie Wood, CEO of Ark Invest. Last...