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
Fed rebuts accusations that Powell mismanaged $2.5B renovation
Central bank refutes allegations by Trump administration officials that a headquarters renovation project has been mismanaged and that Powell lied to Congress about its specifics
by Matt Carter Jul 14
Mortgage lenders ask for more guidance on VantageScore 4.0
FHFA Director Bill Pulte is reportedly 'on thin ice' with several Trump administration officials over lack of communication on new Fannie Mae and Freddie Mac credit score policy
by Matt Carter Jul 11
Trump administration expands Fannie Mae title waiver program
Title insurers wanted to put the brakes on a pilot program that uses automated title reviews to allow some homeowners to refinance their mortgage without having to pay for title insurance
by Matt Carter Jul 11
Trump official: Fed chair to answer for 'ostentatious' renovations
OMB Director Russell Vought put accusations that Federal Reserve Chair Jerome Powell lied to Congress about a $2.5B renovation of the Fed's headquarters in writing Thursday
by Matt Carter Jul 10
New rules for Fannie, Freddie credit scoring are stumping lenders
Mortgage giants allegedly weren't informed in advance that they'd be required to accept VantageScore 4.0, and lenders have lots of questions about how the new process will work
by Matt Carter Jul 9
Fannie, Freddie ordered to accept new VantageScore 4.0 credit score
While questions remain about details of the new policy, FHFA Director Bill Pulte says mortgage lenders must still use 'tri-merge' process to obtain scores from all 3 major credit bureaus
by Matt Carter Jul 8
FHFA Director Pulte calls on Congress to investigate Fed Chair Jerome Powell
Bill Pulte made his pitch in a statement on Wednesday. The FHFA director and President Donald Trump have been trying to pressure Powell to resign amid high interest rates
by Taylor Anderson Jul 2
Fannie and Freddie joint venture will offer its technology to others
Common Securitization Solutions (CSS) has rebranded as US Fin Tech and will look to provide technology and business solutions to companies in addition to its owners
by Matt Carter Jun 26
Pulte: Let Fannie and Freddie count homebuyers' crypto assets
Head of Fannie Mae and Freddie Mac's federal regulator says mortgage giants should consider what risk mitigation might be required, 'including adjustments for market volatility'
by Matt Carter Jun 25
Pulte wages war on Fed Chair Jerome Powell, blaming him for high home prices
The chair of the Federal Housing Finance Agency, Fannie and Freddie has spent the past day calling on Powell to step down, saying he’s responsible for high home prices
by Taylor Anderson Jun 20
Senate Dems ask Pulte to put Fannie, Freddie revamp on hold
Lawmakers want assurances that privatizing the mortgage giants or taking them public won't drive mortgage rates up, or put investor profits 'over the homes of millions of Americans'
by Matt Carter Jun 6
Fannie and Freddie may stay in conservatorship: Regulator
Shares in mortgage giants tumble as investors weigh whether the Trump administration is more interested in mining Fannie and Freddie's profits than privatizing them
by Matt Carter Jun 3
Inflation improved in April, but Fed not expected to budge on rates
Trump administration keeps up pressure on Fed, but investors don't expect the US central bank to cut short-term rates until September as policymakers weigh tariff impacts
by Matt Carter May 30
Trump, Pulte shed more light on plans for Fannie and Freddie
Promise that the government will maintain 'implicit guarantees' of the companies' obligations suggests that what Trump has in mind is monetization, not privatization
by Matt Carter May 28