President Trump has commuted the sentence of a real estate developer who was convicted two years ago in a $50 million mortgage fraud involving Connecticut properties. Jacob Deutsch of Brooklyn was sentenced in January 2024 to five years in prison and fined $10,000 for...
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...
As we prepare to tuck 2025 into the history books, let’s take a look back at the year to highlight some of the Hits and Misses that dominated the real estate industry. Hit: The Property Tax Revolt. The year’s biggest story, by far, was the spontaneous eruption of...
The source for the mortgage fraud criminal referral made by Federal Housing Finance Agency (FHFA) Director Bill Pulte against Rep. Eric Swalwell (D-CA), a longtime political foe of President Trump, has been identified as a right-wing news site. A review of government...
For the second time in a week, a Virginia grand jury has refused to indict New York Attorney General on mortgage fraud-related charges. The New York Times notes that while there is nothing to prevent the Trum administration from trying to indict her again, the...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
