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FHFA pushes for direct power to sue for mortgage fraud 

The Federal Housing Finance Agency (FHFA) and Director Bill Pulte are asking Congress for the power to bring civil lawsuits against individuals suspected of mortgage fraud. In its newest Annual Report to Congress, released Monday, the FHFA recommended new authority to directly sue for mortgage marke
Mortgage Rates Lowest Since May 14th

Today's top tier 30yr fixed rate was 6.54% for the average lender. You'd have to go back to May 14th's reading of 6.52% to see anything lower. The latest improvement follows another moderate drop in oil prices and bond yields as global markets digest the U.S./Iran peace deal. There's still some risk
CoStar amicus brief denied in Zillow MRED Compass case

CoStar’s attempt to enter the ongoing legal battle among Zillow, Midwest Real Estate Data (MRED) and Compass International Holdings has been denied.  In a ruling on Tuesday, Illinois-based federal judge John Tharp denied CoStar’s motion to file an amicus curiae brief. No reason for the judge’s denia
Pamela Heman

Pamela Heman

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