screengrab of Bill Pulte on mortgage fraud
'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'
by Matt Carter Aug 22
Picture of HUD Secretary Scott Turner speaking at a podium.
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
by Darryl Davis Aug 20
Gavel over one hundred dollar bills represents Newrez' settling a complaint
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.
by Matt Carter Aug 18
Fired Fannie Mae workers file discrimination, defamation suits
Dozens of fired employees, all US citizens of Indian nationality, deny defrauding charitable giving program and file lawsuits seeking $82M from chair Bill Pulte and CEO Priscilla Almodovar
by Matt Carter Aug 14
real estate kickback rules
RESPA is real estate's biggest party foul. Compliance expert Summer Goralik explains the rules
by Summer Goralik Aug 14
If Fannie and Freddie go public, what happens to mortgage rates?
Impact on rates depends on the structure of rumored IPO. Whatever the plan, the Trump administration has stacked the boards at the mortgage giants with its supporters
by Matt Carter Aug 8
Mortgage bankers take a stand against tri-merge credit reporting
Consumer group claims FHFA's plan to pit VantageScore 4.0 against older FICO Classic score on Fannie, Freddie loans will make 'anti-competitive natures of the credit scoring market even worse'
by Matt Carter Aug 6
Mortgage trigger leads will be less crazy, but they ain't going away
Loopholes in new law mean credit bureaus will still be able to sell applicants' information to their current lender, servicer or bank — a boon for lenders who also service their own loans
by Matt Carter Aug 5
Homebuyers sue brokerage they allege steered them to lender
Raleigh Realty and CrossCountry Mortgage are accused in 6 separate lawsuits of operating an illegal 'pay-to-play' scheme in violation of the Real Estate Settlement Procedures Act (RESPA)
by Matt Carter Aug 5
Elizabeth Warren calls Pulte out for social media attacks on Powell
114 posts in July alone raise 'significant questions about your judgment and commitment to operating FHFA in a responsible, competent, and lawful manner,' Senator scolds regulator
by Matt Carter Jul 21
Outside lawyers, WSJ editorial board urge Trump not to fire Powell
Trump administration would probably lose court battle, lawyers reportedly advise White House, and markets would react badly, 'The Wall Street Journal' editorial board warns
by Matt Carter Jul 18
Backers of rival mortgage credit scores wage public relations war
As new scoring models by Fair Isaac and VantageScore vie for acceptance by Fannie Mae and Freddie Mac, claims and counterclaims fly. For now, mortgage giants are stuck with FICO Classic
by Matt Carter Jul 17
Fannie Mae and Freddie Mac are not accepting VantageScore 4.0
Once selling guides are updated, lenders will have the option of using either VantageScore 4.0 or the Classic FICO scoring model, but FICO Score 10 T remains in limbo, FHFA says
by Matt Carter Jul 16
Trump adminstration accuses another political opponent of mortgage fraud: Adam Schiff
Like New York AG Letitia James, senator denies lying on mortgage applications and decries 'baseless attempt at political retribution' that won’t stop him from holding Trump accountable
by Matt Carter Jul 15
Has this Austin MLS 'solved' the private listings conundrum?
Flex Listings provide a functioning model that restores transparency, preserves cooperation, and gives sellers and buyers control, clarity and access, Eric Bramlett writes
by Eric Bramlett Jul 15
How to get buyers to sign a buyer-broker agreement (and actually thank you for it)
A signed agreement doesn't hold a buyer hostage; it’s a tool that explains your duties and obligations to them. Broker Holly Brink tells you how to position it with confidence and clarity
by Holly Brink Jul 15