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Report: Trump May Try to Fire Fed Governor Following Mortgage Fraud Accusation

Report: Trump May Try to Fire Fed Governor Following Mortgage Fraud Accusation

by Phil Hall | Aug 20, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

President Trump is reportedly considering whether he can fire Lisa D. Cook, a Federal Reserve governor who was accused this morning of mortgage fraud by Bill Pulte, director of the Federal Housing Finance Agency. Trump posted a message on his Truth Social website...
FHFA’s Pulte Accuses Federal Reserve Governor of Mortgage Fraud

FHFA’s Pulte Accuses Federal Reserve Governor of Mortgage Fraud

by Phil Hall | Aug 20, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Federal Housing Finance Agency (FHFA) Director Bill Pulte has made a new criminal referral to the Department of Justice on alleged mortgage fraud, this time aiming at Federal Reserve Governor Lisa D. Cook. In a posting on his personal X account, Pulte claimed that...
FHFA’s Pulte Debuts New Ad for ‘Great American Mortgage Corporation’

FHFA’s Pulte Debuts New Ad for ‘Great American Mortgage Corporation’

by Phil Hall | Aug 19, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Federal Housing Finance Agency (FHFA) Director Bill Pulte has unveiled a video advertisement that reinforces the goal of merging privatizing Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) into a new entity called the Great American Mortgage Corporation. On his...
FHFA Allows Fannie and Freddie to Invest Further in LIHTC Properties

FHFA Allows Fannie and Freddie to Invest Further in LIHTC Properties

by Phil Hall | Aug 5, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Housing Finance Agency (FHFA) announced that Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) are now able to invest in Low Income Housing Tax Credit (LIHTC) properties from $1 billion to $2 billion each, a total of $4 billion per year. “Today’s...
Hits and Misses for the Real Estate Week of July 28-Aug. 1

Hits and Misses for the Real Estate Week of July 28-Aug. 1

by Phil Hall | Aug 1, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Fed ignores the president, FICO lobbies Congress, and Grant Cardone needs a CFO. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 28-Aug. 1. Miss: If You Can’t Say Something Nice. For the past several weeks, President...
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