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While President Trump is entrusting Bill Pulte with the nation’s biggest secrets, shareholders in Fannie Mae and Freddie Mac are losing some faith. Processing Content Shares for the government-sponsored enterprises dipped after the president’s announcement Tuesday that the Federal Housing Finance Agency director would be acting Director of National Intelligence. Pulte, also chairman of both […]

The risk for mortgage fraud in loan applications decreased 9% on both a quarter-to-quarter and annual basis but problems remain with submissions for both investor and multifamily properties, Cotality said. Processing Content The first quarter ended with approximately 1-in-129 mortgage applications having some indicator of fraud, putting the Cotality National Mortgage Fraud Application Risk Index