designer491/Getty On Wednesday, August 20, President Donald Trump and his administration called for Federal Reserve Governor Lisa Cook to resign from her position after Bill Pulte, the director of the Federal Housing Finance Agency (FHFA), discovered that she allegedly engaged in mortgage fraud. And she’s not the only one. In previous weeks, the 47th presidential
The Brief Trump urged Fed governor Lisa Cook to resign after a mortgage fraud accusation. Regulator Bill Pulte asked the DOJ to investigate claims she misused primary residence rules. The move is part of Trump’s push to gain more control over the Fed. WASHINGTON – On Wednesday, President Donald Trump urged Federal Reserve governor Lisa
President Trump Wednesday called on Federal Reserve governor Lisa Cook to step down over claims of “mortgage fraud” as he presses his feud over economic policy with the central bank. “Cook must resign, now,” Trump wrote on his social media about Cook, a member of the Fed board. Trump cited a letter from Federal Housing
Under the proposal, the GSEs must include digital assets recorded on a cryptographically secured distributed ledger when assessing risk for single-family mortgages. They would be prohibited from requiring borrowers to convert these assets into U.S. dollars. In a statement to justify the bill, Lummis said that homeownership is not a reality for many young Americans.
Falcon sat down with HousingWire to offer his perspective as a predecessor of Pulte’s and to showcase Falcon Capital Advisors’ new digital asset practice that advises mortgage lenders on how to safely incorporate crypto and other digital currencies into their businesses. This interview has been edited for length and clarity. Sarah Wolak: Can you tell
Phil Crescenzo, the Southeast division vice president for Nation One Mortgage Corp., says that the new directive is “too narrow” to impact homebuyers since it’s only targeting conventional loans via the government-sponsored enterprises (GSEs). “If a borrower already has stocks or retirement accounts, an underwriter may not even factor in the crypto,” Crescenzo said. Alternative
Ike Suri – CEO of FundingShield NEWPORT BEACH, Calif., May 29, 2025–(BUSINESS WIRE)–In a major step toward protecting the integrity of the U.S. housing finance system, Fannie Mae CEO Priscilla Almodovar, FHFA Director Bill Pulte, and Palantir Technologies CEO Alex Karp have joined forces in a coordinated initiative to combat mortgage fraud across the homebuying
Fannie Mae, the government-sponsored enterprise overseen by the Federal Housing Finance Agency, is enlisting data analytics giant Palantir in a new partnership aimed at cracking down on mortgage fraud. Under the agreement, Palantir’s technology will be deployed to uncover fraud in mortgage packages before they reach Fannie Mae. Priscilla Almodovar, president and chief executive officer
Piggybacking on previous comments from President Donald Trump, Federal Housing Finance Agency (FHFA) Director Bill Pulte said on social media that “Jay Powell needs to lower interest rates — enough is enough. President Trump has crushed Biden’s inflation, and there is no reason not to lower rates. The housing market would be in much better