August 2025

USDA invests in upgraded mortgage underwriting technology

The U.S. Department of Agriculture has awarded a contract to technology services firm Phoenixteam as it seeks to upgrade its mortgage underwriting platform, whose capabilities have long lagged those of its peers.  The $49 million deal paves the way for the Arlington, Virginia-based firm to update the Guaranteed Underwriting System at USDA, which offers mortgage […]

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Trump, Pulte spotlight ‘Great American Mortgage’ plan

Housing regulator Bill Pulte has posted a video that sheds a little more light on the Great American Mortgage Corporation, an entity President Trump has hinted earlier could be headed toward a public offering this year. The video Pulte posted on X promotes President Trump’s housing role and alludes to his criticism of other policymakers’

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Pulte calls on Bondi to probe Fed’s Cook over mortgages

The director of the Federal Housing Finance Agency is urging Attorney General Pam Bondi to investigate Federal Reserve Governor Lisa Cook over a pair of mortgages, the latest in a series of moves by the Trump administration to increase legal scrutiny of Democratic figures and appointees. FHFA Director Bill Pulte, a staunch ally of President

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