UWM and Pennymac are pricing jumbo loans of up to $819K as if they were conforming, ahead of an official announcement by Fannie and Freddie's federal regulator in November
Lower courts have ruled Cook can continue to serve on the central bank's board while she challenges the Trump administration's move to fire her over unproven mortgage allegations
Trump appointee Stephen Miran confirmed as Fed governor in 48-47 Senate vote, but appeals court upholds ruling that Lisa Cook can stay on board while she contests legality of removal order
Judge rules that appraisal independence regulations do not preclude lenders and appraisal management companies from taking action to remedy biased appraisals
Trump's move to fire Cook likely violated her right to due process, and 'for cause' provision for removal is limited to behavior in office, judge rules in granting preliminary injunction
After the bill takes effect in March, credit bureaus will still be able to sell trigger leads to a borrower's current mortgage lender, loan servicer, or any bank or credit union they have an account with
Cook's attorneys say she did not commit mortgage fraud and is being targeted by the Trump administration to undermine the Federal Reserve's independence
Hundreds of economists say Trump's move to fire Cook 'threatens the fundamental principle of central bank independence and undermines trust in one of America’s most important institutions'
Democratic senators asked federal regulator Bill Pulte on Aug. 29 to pause any efforts to reprivatize Fannie and Freddie and study potential impact on mortgage rates
Workforce housing initiatives offer one part of the affordability solution for discouraged buyers, but still fall short of the need
Survey shows most Americans are concerned that privatizing the mortgage giants might lead to higher mortgage rates, with Democrats and independents most likely to be worried
A green light from the Federal Housing Finance Agency and antitrust regulators sets the stage for a Sept. 3 vote by Mr. Cooper shareholders on $9.4B mega merger
Mortgage giants should continue to operate as separate companies and be regulated like utilities with a cap on excessive fees and prohibitions on backing risky loans, industry group maintains
'Wall Street Journal' editorial calls Pulte's criminal referral of Federal Reserve governor 'an ominous turn in political lawfare' and warns that 'weaponizing' Fannie and Freddie's federal regulator 'won’t build confidence in America’s institutions or markets'
Opinion
Realtors cannot stand idly by in the face of discriminatory housing policies, coach Darryl Davis writes. It's time to fight for the rights of non-English-speaking clients and neighbors
California regulators collect $1.8M fine after accusing Caliber Home Loans of overcharging nearly 5,000 borrowers for interest that accrued before their first mortgage payment was due.