Dozens of fired Fannie Mae workers are mulling their next steps after a judge dismissed their defamation complaint against the mortgage giant. Processing Content U.S. District Judge Leonie M. Brinkema last week granted Fannie Mae and the governments’ motions to dismiss the lawsuit, seven months after it was filed. The case was dismissed without prejudice, […]
Fired Fannie Mae workers’ defamation lawsuit dismissed Read More »
Key insight: The White House budget would cut funding from the Community Development Financial Institution Fund, as Vought outlined in a House Budget hearing. Forward look: The program historically has broad bipartisan support in Congress, including a large number of Republicans, but OMB can cause delays in disbursing CDFI funding, even if Congress fully funds
OMB’s Vought: CDFIs funded ‘woke’ programs Read More »
LeadPoint, a marketing lead provider serving home lenders, said it was ending all mortgage-related activity upon resolving Connecticut allegations of operating as an unlicensed entity for years. Processing Content Connecticut banking officials lodged a $50,000 penalty against LeadPoint in a consent order issued in late March. Both parties agreed to the order after a 2025
Lead generation firm fined for years of unlicensed activity Read More »