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
The proposal from Trump is a reminder that the industry must evolve, Darryl Davis writes, but evolution without diligence can lead to structural weakness
The American Enterprise Institute estimates 64% of homes sold by the largest homebuilders provide permanent mortgage rate buydowns, which often don't count as seller concessions
FHFA Director Bill Pulte says his agency is reviewing a deal with Fair Isaac to allow lenders to use the more inclusive FICO Score 10 T when selling loans to Fannie Mae and Freddie Mac
The Trump administration says it's also looking at assumable mortgages and 'ways to give relief' on 5- and 10-year loans, after mortgage experts pan 50-year mortgages as bad deal for borrowers
FHFA Director Bill Pulte ordered the mortgage giants to start using VantageScore 4.0 in July. But adoption is a 'complex, technical and arcane' process that could drag into next year
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
In her first public speech since President Trump’s attempt to remove her, the economist says she expects a 'one-time increase' in prices, with inflation trending back toward the 2% target
A dozen officials in Fannie Mae's ethics and internal investigations unit were among 62 people fired on Thursday, 'The Wall Street Journal' reports, citing anonymous sources
For the real estate and mortgage industries, it remains to be seen how the new course the Trump administration has set for Fannie and Freddie will impact homebuyers
Home price growth continued to slow in August as buyers expressed trepidation over the economy, despite a healthy supply of inventory and lower mortgage rates
James' attorneys will argue that she is a victim of vindictive prosecution and that Lindsey Halligan, the lone U.S. attorney who signed her indictment, was appointed illegally
Fannie Mae CEO Priscilla Almodovar was replaced on an interim basis by COO Peter Akwaboah. FHFA Director Bill Pulte fired Freddie Mac CEO Diana Reid in March after board shakeup
'We don’t just have a seat at the table,' Mortgage Bankers Association CEO Bob Broeksmit told members in Las Vegas. 'We’re near the head of the table — and we’re speaking loud and clear'
Equitable housing and climate change risk are out, deregulation and combating fraud are in. The strategic plan sheds little light on president's bid to spur homebuilders into action.