Fannie Mae President and CEO Priscilla Almodovar has been replaced on an interim basis by Chief Operating Officer Peter Akwaboah. FHFA Director Bill Pulte fired…
Posts published in “Bill Pulte”
Equitable housing and climate change risk are out, deregulation and combating fraud are in. The plan sheds little light on Trump administration’s bid to spur…
Once Fannie Mae and Freddie Mac are ready to start accepting VantageScore 4.0, the algorithm will go head-to-head with the less inclusive FICO Classic score. …
James calls allegations over $109,600 mortgage baseless retribution, and a “continuation of the president’s desperate weaponization of our justice system.” Source: Inman News
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,…
Lending industry groups and FHFA director Bill Pulte welcomed Fair Isaac’s new direct license pricing as a useful first step, but said more reforms and…
The legal battle over the Fed’s independence will drag into next year, with the Supreme Court to hear oral arguments in January on the Trump…
The Trump administration has assured industry groups that a stable housing finance system and low mortgage rates are a “North Star” in plans for a…
Lower courts have ruled Cook can continue to serve on the central bank’s board while she challenges the Trump adminstration’s move to fire her over…
Trump’s move to fire Cook likely violated her right to due process, and “for cause” provision for removal is limited to governor’s behavior in office,…