Latest Updates Around The World
In one separate messagePulte said the FHFA “has received the Association of Mortgage Bankers (MBA) letter regarding concerns with the credit bureaus” and had been in contact with the bureaus. The FHFA did not immediately respond HousingWire‘s request for comment. The MBA’s concerns, which were expressed in a letter to Pulte on December 12, 2025, […]
The comments come days after President Donald Trump shared an image on social media that hinted at a proposal for 50-year mortgages — an idea that quickly drew criticism for its limited impact on affordability given significantly higher interest costs over the life of loans. ‘Not a realistic option’ Assumable mortgages – which allow qualified […]
Akwaboah will continue to oversee Fannie Mae’s COO division. He will work alongside Fannie Mae executives Brandon Hamara and John Roscoe, who have been promoted to the role of co-presidents, according to the release. “With the addition of Peter as acting CEO and John Roscoe and Brandon Hamara as co-presidents, we now have a deep […]
After the move, Hamara resigned from Freddie Mac’s board of directors, according to a Securities and Exchange Commission (Sec) submission. Under the Trump administration, the boards of the government-sponsored enterprises (GSEs) have undergone several leadership changes. In his first week as FHFA director, Pulte immediately made waves by removing 14 board members across Fannie Mae […]
Reuters also reported that Cook “never asked for a tax exemption for the house in Georgia as a primary home, according to real estate reports and a Fulton County Tax Official.” The estimate of the condo -loan is in contradiction with the claim through FHFA Director Bill Pulte in a criminal reference to Attorney -General […]
Cook, who was appointed by former President Joe Biden in the seven -member Federal Reserve Board, became the target of Federal Housing Financing Office (FHFA) Director Bill Pulte last week. Pulte accused Cook of mortgage fraud and called on attorney -general Pam Bondi to investigate the purchase of Cook of two houses in 2021. By […]
In the first place President Donald Trump said on Friday that he would dismiss the Governor of the Federal Reserve Lisa Cook if she does not purchase voluntarily because Cook is confronted with accusations of mortgage fraud that she has denied. Chairman of the US Federal Reserve Jerome Powell speaks with Lisa Cook, member of […]
Through You are August 20, 2025 Although potential mortgage fraud is a serious crime, the use of a federal regulatory body to pursue a political appointment is characterized as an even greater violation of the public. A criminal reference for alleged mortgage fraud against the Governor of the Federal Reserve Lisa Cook has inflamed a […]
“In fact, the claimants were all employees with a good reputation with Fannie Mae and they never received any form of disciplinary measures during their term of office at the company,” the lawsuit says. “The defendants had no information to reasonably trust that one of the claimants committed unethical behavior or received bribes.” “No evidence […]
