Swalwell files a lawsuit against Bill Pulte for reportedly accessing mortgage records without authorization.
Swalwell Sues FHFA Director Over Alleged Misuse of Mortgage Records Representative Eric Swalwell, a Democrat from California, has filed a lawsuit claiming that the head of the Federal Housing Finance Agency (FHFA) improperly accessed private mortgage records of Democratic members of Congress. This action, he argues, was meant to initiate a federal criminal investigation. The […]
Credit expert embarrassed by Trump administration’s 50-year mortgage proposal for American homebuyers
Expert Voices Concerns Over 50-Year Mortgages Credit solutions expert Micah Smith, who founded Micah Abigail LLC, has expressed strong disapproval of the proposed 50-year mortgage plans introduced during the Trump administration. In an interview, Smith articulated her frustrations about the potential risks associated with these long-term loans. While the idea seems appealing—lower monthly payments stretched […]
Eric Swalwell Declares Candidacy for California Governor on Jimmy Kimmel, Just a Week After Mortgage Fraud Referral
Swalwell Announces Run for Governor of California California Democratic Representative Eric Swalwell declared his intention to run for governor during an appearance on “Jimmy Kimmel Live!” on Thursday night, positioning himself as a defender of California against former President Donald Trump. This announcement comes on the heels of a criminal subpoena from the Federal Housing […]
Lisa Cook and Letitia James deny claims of mortgage fraud against the Trump administration
Legal Battle Over Real Estate Deal Accusations On Monday, attorneys for two officials, who have been singled out by President Trump due to personal real estate transactions, criticized the government’s efforts to initiate lawsuits against them. They pointed fingers at the housing officials making the accusations and at the president’s campaign for retaliation. Attorney Abby […]
Mortgage rates increase to 6.24%
Discussion on Housing Market Innovations A panel on “The Big Money Show” is set to discuss Bill Pelt, a federal housing official, who proposed the concept of “portable mortgages.” This initiative aims to boost home sales and breathe new life into a struggling housing market. In recent news, Freddie Mac reported that mortgage rates have […]
The Concept of a Portable Mortgage Isn’t as Unreasonable as It Seems
Understanding Why Subsidies for Downsizing Baby Boomers Might Actually Be Effective The Trump administration has put forth a concept that many might find quite logical: a portable mortgage. This notion allows homeowners to transfer their existing mortgage—along with its interest rate—when they sell one home and buy another. It feels intuitive, right? If you’re making […]
Eric Swalwell Allegedly Referred to DOJ for Mortgage Fraud Claims
Rep. Eric Swalwell Indicted on Mortgage and Tax Evasion Charges California Representative Eric Swalwell faced indictment on Wednesday, with allegations related to mortgage and tax evasion, as reported by NBC News. Bill Pulte, Director of the Federal Housing Finance Agency (FHFA), stated in a letter to Attorney General Pam Bondi that Swalwell might have made […]
Eric Swalwell referred to the DOJ for criminal investigation, facing allegations of mortgage fraud
Investigation into Rep. Swalwell by Justice Department The Justice Department has initiated an investigation into California Democratic Representative Eric Swalwell regarding alleged mortgage fraud. This comes during the administration of former President Donald Trump, as confirmed by reports. Swalwell responded, expressing little surprise at becoming a target, given his history as one of Trump’s most […]
Swalwell’s $1.2 million DC home under investigation for mortgage fraud by the DOJ
WASHINGTON—Rep. Eric Swalwell, a Democrat from California, has been indicted on federal mortgage and tax fraud charges linked to his acquisition of a $1.2 million home in Washington, D.C., which he stated was his primary residence, as confirmed by The Post. In a letter addressed to Attorney General Pam Bondi on Wednesday, Bill Pruitt, the […]
A 50-year mortgage option won’t fix the issue of housing affordability.
Rethinking Homeownership in America The vision of the American Dream often starts with the idea of homeownership, but the reality is shifting. President Donald Trump is right; for many families, owning a home is increasingly elusive. With home prices skyrocketing and mortgage rates having doubled since 2021, it’s getting tougher for younger Americans to purchase […]