Federal Reserve Governor Lisa Cook described an Atlanta property at the center of a lawsuit over her attempted ouster as a “vacation home,” according to documents viewed by Bloomberg News. The May 28, 2021, loan estimate was issued by a credit union to Cook weeks before she ultimately purchased the home. The document shows she […]
Fed’s Cook called Atlanta property a vacation home, records show Read More »
Last week, mortgage rates hit a new low for 2025, as the labor market proved more critical to the bond market than inflation. The big question is: what will happen after the Fed cuts rates this week? Last year at this time, mortgage rates hit a yearly low of nearly 6% and the Fed cut
Have Fed rate cuts already been priced into mortgage rates? Read More »
Mortgage documents have been at the center of an effort by President Donald Trump to fire Fed Governor Lisa Cook over alleged mortgage fraud, but a loan estimate from 2021, first seen and reported by Reuters on Friday, seems to undermine those allegations. The loan estimate for an Atlanta condo Cook bought in 2021 shows
Lisa Cook loan docs listing ‘vacation home’ seem to undermine mortgage fraud claims Read More »