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
Realtor Christine Bish, who provided information about Adam Schiff's homes to FHFA Directtor Bill Pulte in April and is running for Congress in the 2026 primary elections.
Christine Bish, a Realtor in California's Sacramento Valley, sent a trove of documents to FHFA Director Bill Pulte. Now the DoJ, FBI and FHFA want to know who else she's talked to
by Matt Carter Nov 25
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 refers a 4th Democrat, Rep. Eric Swalwell, for mortgage fraud
Swalwell warns Pulte 'and any other lawless official who is carrying out these political prosecutions' that they will have to answer for their actions after midterm elections
by Matt Carter Nov 14
There's nobody in charge of looking out for waste, fraud and abuse at Fannie and Freddie's regulator
FHFA acting Inspector General John "Joe" Allen is set to be fired, Reuters reports, and the position is now vacant as the mortgage giants move toward a public offering
by Matt Carter Nov 5
Feds charge Trump nemesis Letitia James with bank fraud
James calls allegations over $109,600 mortgage baseless retribution and a 'continuation of the president’s desperate weaponization of our justice system'
by Matt Carter Oct 9
Fannie, Freddie close NY offices as Trump battles Letitia James
The Trump administration is using its tight control over the mortgage giants to continue a vendetta against New York attorney general and other political opponents, critics say
by Matt Carter Oct 6
Trump asks Supreme Court to remove Fed Governor Lisa Cook
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
by Matt Carter Sep 18
President Trump and Fed Governor Lisa Cook in front of a photo of the Federal Reserve Bank
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
by Matt Carter Sep 10
U.S. Pardon Attorney Ed Martin, who is heading up the Trump administration's investigations of alleged mortgage fraud by political opponents, at a May 13 press conference.
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
by Matt Carter Sep 4
Federal Reserve Governor Lisa Cook speaks with Fed Chair Jerome Powell at a June 25, 2025 open meeting at the Federal Reserve Board building in Washington, D.C.
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'
by Matt Carter Sep 2
President Trump and Fed Governor Lisa Cook in front of a photo of the Federal Reserve Bank
A judge gave attorneys for the Fed governor until Sept. 2 to bolster their argument that she should keep her job, as Bill Pulte leveled new allegations of misrepresentation on a third property
by Matt Carter Aug 29
Trump says he has ousted Fed governor, defying precedent
Trump has attempted to remove Lisa Cook from the rate-setting board over allegations made by the head of FHFA. Cook has denied wrongdoing and said she would continue serving on the board
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
Image of federal building to symbolize Trump tells Cook to resign
The president asked Cook to resign from her post after FHFA Director Bill Pulte accused her of mortgage fraud. Pulte has leveled similar accusations against other political adversaries
by Marian McPherson Aug 20