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
Trump signs bill curtailing sale of mortgage trigger leads in 180 days
After the bill takes effect in March, credit bureaus will still be able to sell trigger leads to a borrower's current mortgage lender, loan servicer, or any bank or credit union they have an account with
by Matt Carter Sep 5
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
Trump administration 'in no rush' to do Fannie, Freddie IPO this year
Democratic senators asked federal regulator Bill Pulte on Aug. 29 to pause any efforts to reprivatize Fannie and Freddie and study potential impact on mortgage rates
by Matt Carter Sep 2
'If our nurses, firefighters, and teachers can’t live here, then our community stops functioning'
Workforce housing initiatives offer one part of the affordability solution for discouraged buyers, but still fall short of the need
by Marian McPherson Sep 2
Dems seek answers on impact of Fannie, Freddie IPO on rates
Survey shows most Americans are concerned that privatizing the mortgage giants might lead to higher mortgage rates, with Democrats and independents most likely to be worried
by Matt Carter Aug 29
Rocket, Mr. Cooper merger OK'd by Fannie and Freddie regulator
A green light from the Federal Housing Finance Agency and antitrust regulators sets the stage for a Sept. 3 vote by Mr. Cooper shareholders on $9.4B mega merger
by Matt Carter Aug 27
Small lenders oppose combining Fannie, Freddie into single entity
Mortgage giants should continue to operate as separate companies and be regulated like utilities with a cap on excessive fees and prohibitions on backing risky loans, industry group maintains
by Matt Carter Aug 22
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