Politics
Trump housing finance chief OKs more mortgage spending and adds risk for government-backed lenders
President Trump's federal housing finance director, Bill Pulte, quietly granted government-backed lenders the authority to nearly double a…
Tag
Mortgage
Politics
Rep. Swalwell's suit alleges abuse of power, adds to scrutiny of Trump official's mortgage probes
In a fiery rebuttal to allegations he’d criminally misrepresented facts in his mortgage documents, Rep. Eric Swalwell (D-Dublin) sued…
Business
BofA Tower gets Chicago’s biggest mortgage bond deal since Covid
A mortgage loan for Chicago’s Bank of America (BOA) Tower is being refinanced with US$700 million in bonds, a rare bright spot for the…
Business
Don’t Bet the House on the 50-Year Mortgage
President Trump’s proposed reform would be a terrible deal for homebuyers and taxpayers alike. Source link
Business
The 50-Year Mortgage Would Make Things Worse for Gen Z
This is not the answer to the housing crisis. Source link
Politics
A Trump donor, now a regulator, leads effort to accuse president's foes of mortgage fraud
WASHINGTON — Behind a White House effort to saddle President Trump’s political foes with accusations of mortgage fraud is a 37-year-old…
Business
UBS pays US$300 million to settle Credit Suisse mortgage case
Group said it reached an agreement with the US Department of Justice to resolve a legacy Credit Suisse matter related to the former bank’s…
Politics
Schiff mortgage fraud probe could end in stiff fines, penalties for senator
The type of mortgage fraud case in which Sen. Adam Schiff is now entangled is usually clear-cut and hard to wiggle out of, said financial…
Business
DeepSeek's R1 Upgrade Nears Top-Tier LLMs
DeepSeek today rolled out DeepSeek-R1-0528, an upgraded version of its R1 large language model that it says now rivals OpenAI's O3 and…
Business
The First-time Homebuyer’s Guide to a Smooth Mortgage Process
Buying your first home is an exciting milestone, but it can also be overwhelming with all the decisions to make and steps to follow. Among…
Politics
N.Y. Attorney General Letitia James: Mortgage fraud claims part of Trump's 'revenge tour'
New York Attorney General Letitia James called the Trump administration's mortgage fraud allegations against her "baseless" and said they…
News
Letitia James mortgage fraud allegations: What we know
New York Attorney General Letitia James has been accused of mortgage fraud. In a letter, the Federal Housing Finance Agency (FHFA)…
Business
Donald Trump's tariffs offer mortgage 'silver lining'
Donald Trump's sweeping tariffs have thrown the global stock market into chaos and are likely to hurt the U.S. economy by increasing…
Business
Consumer Bureau Seeks to Undo Settlement and Repay Mortgage Lender
Under President Trump, the Consumer Financial Protection Bureau has dropped nearly a dozen enforcement cases brought during the Biden…
Business
Spouse wanting to take "life-changing" gift behind wife's back splits views
A spouse's dilemma on whether to secretly pay off the couple's mortgage with a gift from a wealthy relative has provoked a flurry of…
Business
Existing-Home Sales in 2024 Were Slowest in Decades Amid High Mortgage Rates
High interest rates kept U.S. home sales in a deep freeze for much of last year. It could be a while before the market experiences much of…
Business
30-Year Mortgage Rate Rises Above 7% for First Time Since May
The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on Thursday,…
Business
Biggest US banks ready mortgage relief for victims of Los Angeles wildfires
JPMORGAN Chase and Bank of America (BOA) are easing mortgage repayment conditions for customers affected by the Los Angeles wildfires, as…
Business
30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
There was a moment in late September when mortgage rates, after a monthslong decline, appeared poised to drop low enough to bring would-be…
Business
Average rate for 30-year mortgage reaches 6-month high
The average rate for a 30-year mortgage in the United States reached a six-month high this week and also leapfrogged the rate during the…
Business
China banks raise mortgage rates for the first time since 2021
CHINESE banks raised new mortgage costs for the first time in three years, as narrowing margins are dragged down by a persistent property…
Business
How 1% Interest Rate Changes Affect Mortgage Payments
Understanding how interest rates impact mortgage payments is crucial for homeowners. A small change in the interest rate can lead to…