Dems raise antitrust concerns over Compass-Anywhere merger
Senators Elizabeth Warren and Ron Wyden ask the DoJ and FTC to 'thoroughly investigate' the pending deal, which they say would 'entrench existing antitrust and price manipulation concerns'
by Matt Carter Dec 18
picture of Wall Street bull statue, showing the role the market plays in retirement for real estate agents
Monthly purchases of $13B in mortgages and mortgage-backed securities may be taking pressure off mortgage rates — and setting the stage for a more attractive public offering
by Matt Carter Dec 15
Fed patches a potential chink in armor protecting its independence
A vote to reappoint 11 of the Fed's 12 regional bank presidents puts an end to speculation that the Trump administration might try to unseat inflation hawks opposed to interest rate cuts
by Matt Carter Dec 11
Department of Justice attorney Ed Martin poses in front of New York Attorney General Letitia James' Brooklyn home.
Since the original charges against James were thrown out in November, the DoJ has reportedly tried and failed to obtain indictments from two different federal grand juries
by Matt Carter Dec 11
Zillow lawsuit raises big questions for the real estate industry
Opinion
Whether it ends in settlement, dismissal or a landmark ruling, Derek Carlson writes, it marks another turning point in an industry undergoing rapid transformation
by Derek Carlson Dec 9
federal flood insurance lapse
Real estate industry groups expect lawmakers to pass a temporary reauthorization of the National Flood Insurance Program, but push for a long-term solution that includes reforms
by Matt Carter Dec 9
Trump claimed 2 homes as principal residences in the 1990s, ProPublica reports
The White House denies wrongdoing, and loans were paid off long ago, but circumstances are similar to deals involving political opponents that Trump has called fraudulent
by Matt Carter Dec 8
DoJ not giving up after second try at charging Letitia James whiffs
The Department of Justice is reportedly weighing its options after a Virginia grand jury rejected a second attempt to indict the New York Attorney General for mortgage fraud
by Matt Carter Dec 5
GAO to look into claims Pulte has weaponized Fannie and Freddie
Senate Democrats say they want a better understanding of 'what is taking place at FHFA' after the head of mortgage giants' regulator subjects four prominent Democrats to criminal referrals
by Matt Carter Dec 4
Fannie, Freddie moving to adopt more inclusive credit scores
Lenders to get historical FICO Score 10T data within weeks, setting the stage for the eventual retirement of FICO Classic score and competition with VantageScore 4.0
by Matt Carter Dec 3
Rep. Eric Swalwell sues Pulte, FHFA, Fannie Mae and Freddie Mac
One of four Democrats subjected to criminal referrals by Pulte, Swalwell says FHFA director 'exercises unchecked control' over the mortgage giants and has scoured their databases to concoct unfounded accusations of mortgage fraud
by Matt Carter Nov 26
Letitia James mortgage fraud case thrown out, but can be refiled
The prosecutor who filed charges against James and former FBI Director James Comey, interim U.S. Attorney Lindsey Halligan, was unlawfully appointed, a U.S. District Judge ruled
by Matt Carter Nov 24
Pulte's role in mortgage fraud indictment under scrutiny
Attorneys for New York Attorney General Letitia James say FHFA Director Bill Pulte and 3 other Trump administration officials engaged in 'outrageous conduct' to obtain baseless indictment
by Matt Carter Nov 19
Don't merge Fannie and Freddie, says their biggest investor
Billionaire investor Bill Ackman floats plan to relist mortgage giants on the New York Stock Exchange this year, but says it's too soon for the government to sell any of its stake
by Matt Carter Nov 18
Fed Chair Jerome Powell standing in front of the Federal Reserve building to illustrate how the federal reserve impacts real estate.
The resignation of Biden appointee Adriana Kugler and pending retirement of Atlanta Fed President Raphael Bostic renews speculation that Trump will seek to undermine Fed independence
by Matt Carter Nov 17
HUD shifts homeless policy away from providing permanent housing
$3.9B in competitive grant funding will favor transitional housing with employment and addiction treatment requirements, and allow faith-based groups to provide it
by Matt Carter Nov 14