Federal Housing Finance Agency (FHFA) Director Bill Pulte is again targeting New York Attorney General Letitia James, this time filing criminal referrals with the U.S. Department of Justice (DOJ) over alleged insurance fraud. The referrals were sent to two U.S. attorneys — Jason Reding Quinones of the Southern District of Florida and Andrew Boutros of […]
Bill Pulte targets Letitia James with new criminal referrals Read More »
U.S. Rep. Eric Swalwell (D-Calif.) has dropped a lawsuit that accused Federal Housing Finance Agency (FHFA) Director Bill Pulte of violating federal privacy laws. The parties agreed to the “dismissal of this action without prejudice, with each side bearing its own fees and costs,” according to court filings. The move means that Swalwell could refile
Rep. Swalwell drops privacy lawsuit against FHFA’s Pulte Read More »
A federal judge on Friday blocked subpoenas that the U.S. Department of Justice (DOJ) served the Federal Reserve in a case involving Jerome Powell’s Congressional testimony on the central bank’s headquarters renovation, concluding the effort appeared designed to “harass and pressure” him to lower interest rates or resign from his position. The DOJ served the
Federal judge blocks DOJ subpoenas targeting Federal Reserve Chair Powell Read More »
Fair housing and immigrant advocacy groups are urging a federal court in Texas to reject a proposed settlement between Colony Ridge Development LLC and federal agencies over alleged predatory lending practices. The groups say that key provisions of the agreement are “unlawful, unnecessary and unrelated to the underlying case.” Under the proposed terms, Colony Ridge
Colony Ridge settlement faces court challenge in Texas Read More »
Federal lawmakers are urging the Department of Justice (DOJ) to take a closer look at the closed $1.6 billion merger deal between Compass and Anywhere Real Estate. The effort is being led by Sen. Elizabeth Warren (D-Mass.) and Rep. Becca Balint (D-Vt.) with 16 other Democrats as co-signers. In a letter sent Thursday night and obtained
Lawmakers press DOJ on Compass-Anywhere Real Estate merger review Read More »
A Friday-morning news report suggesting that the Trump administration is exploring an antitrust probe into U.S. homebuilders landed with its intended shock value. The implication? Washington, having rattled its saber, may be preparing to treat large builders as a concentrated market actor whose behavior is contributing to America’s housing affordability crisis. By late Friday afternoon,
Why antitrust talk may be a pressure tactic — not a probe —against homebuilders Read More »
It is no secret that the National Association of Realtors (NAR) has faced its fair share of legal challenges over the past few years. From the commission lawsuits, to an investigation by the Department of Justice (DOJ) to lawsuits over the three-way membership agreement and the now defunct, optional no-commingling rule, NAR’s legal team has
NAR outlines legal risk mitigation, litigation strategy in 2025 report Read More »
The future of the Federal Reserve‘s leadership is in limbo due to an investigation into current Fed Chair Jerome Powell that has prompted bipartisan backlash. Following the news about a Department of Justice (DOJ) probe into Powell, Sens. Thom Tillis (R-N.C.) and Elizabeth Warren of (D-Mass.) accused Trump of using the DOJ to pressure Powell
DOJ investigation clouds future of Fed chair nomination Read More »
Following Federal Reserve Chair Jerome Powell’s disclosure on Sunday that the Department of Justice (DOJ) has issued grand jury subpoenas to the central bank, the investigation has triggered political backlash on Capitol Hill. Sen. Thom Tillis (R-N.C.), a member of the Senate Banking Committee, said he backs Powell and accused the DOJ of threatening the
DOJ probe into Powell prompts bipartisan backlash Read More »
News that the proposed merger between Compass and Anywhere would close this week came as a surprise to many in the industry, especially those who were anticipating a robust antitrust review of the deal. Several news outlets are reporting that antitrust regulators were blocked from a deeper investigation into the deal by officials higher up in
WSJ: DOJ leadership halted antitrust review of Compass–Anywhere deal Read More »