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Credit Builders Alliance (CBA) and VantageScore today announced that ten nonprofit financial institutions will participate in ...
In a major development impacting the Indian-American community, three Indian-American lawmakers have raised concerns over the ...
The upheaval at Fannie and Freddie comes amid housing regulator Bill Pulte’s quest to root out fraud in the mortgage market.
The actual amount of fraud Fannie Mae is exposed to is likely far higher than $752 million. According to an internal Fannie Mae email in March 2024 obtained by The Real Deal, the agency warned ...
US mortgage giant, Fannie Mae, has laid off 200 employees, mostly Telugus, over salary fraud, according to a report. The ...
The Trump administration's top mortgage regulator has vowed to "root out frauds and cheats" in the mortgage market after ...
Last week, Pulte took to X to announce the termination of more than 100 Fannie Mae employees for “unethical conduct.” “In President Trump’s housing market, there is no room for fraud ...
FundingShield analyzed a portfolio of residential, commercial and business-purpose loans totaling about $80 billion to reach ...
“As regulator of Fannie Mae, Freddie Mac, and the federal home loan banks, we take very seriously allegations of mortgage fraud or other criminal activity,” the FHFA letter underscores. The agency ...