Federal Reserve Gov. Lisa Cook.Bloomberg News President Donald Trump said Friday morning that he would terminate Federal Reserve Gov. Lisa Cook from her post “if she doesn’t resign” over allegations that she claimed a secondary home was her primary residence in a 2021 mortgage application. “Yeah, I’ll fire her if she doesn’t resign, yeah,” Trump […]
Trump says he will fire Fed Gov. Cook ‘if she doesn’t resign’ Read More »
Home-purchase contracts in the US were canceled at a record rate for July as jittery buyers got cold feet. About 58,000 agreements fell through last month, equivalent to 15.3% of homes that went under contract, according to Redfin. It was the highest cancellation rate for a July in data going back to 2017, the brokerage
Homebuyers in the US canceled contracts at record rate for July Read More »
Rocket Cos. President Bill Emerson will retire at the end of the year, the company announced. The longtime executive and CEO of Rocket Mortgage from 2002 to 2017 will retire but remain on the Board of Directors, according to a Securities and Exchange Commission filing this week. Emerson helped lead the lender and servicer through
Rocket Cos. president, ex-mortgage chief Emerson to retire Read More »