Housing director assures that plans for a 50-year mortgage are in progress following Trump’s suggestion
Trump Administration Considers 50-Year Mortgage Terms Bill Pulte, the Secretary of the Federal Housing Finance Agency (FHFA), announced on Saturday that the Trump administration is “working” on a plan to implement 50-year mortgage options for homebuyers. Pulte mentioned in a post on the social platform X that, “Thanks to President Trump, we are actually working […]
Letitia James Requests Court Dismissal of Her Mortgage Fraud Case, Calling It ‘Selective Prosecution’
AG Letitia James Seeks Dismissal of Mortgage Fraud Charges Lawyers representing New York Attorney General Letitia James submitted a motion on Friday to dismiss the mortgage fraud charges initiated against her by the Trump administration, claiming that the case is politically driven. According to the motion, “The government’s prosecution of Attorney General James arises from […]
Judge favors DOJ in Letitia James’ mortgage fraud case
A judge has denied a request from New York Attorney General Letitia James in her mortgage fraud case, aimed at requiring federal prosecutors to keep track of all their communications with the media. This motion was filed by defense attorney Abby Rowell after reports surfaced indicating that U.S. Attorney Lindsey Harrigan had lodged a complaint […]
Mortgage rates decrease to 6.17%
Mortgage Rates Continue to Decline Mortgage sales have dropped for the fourth week in a row, according to data from Freddie Mac released on Thursday. The latest report from Freddie Mac’s Primary Mortgage Market Study revealed that the average interest rate for a 30-year fixed mortgage decreased to 6.17%, down from 6.19% the previous week. […]
Implications of the Fed’s recent rate cut for your mortgage
The recent interest rate cut by the Federal Reserve is not going to immediately lower mortgage payments for homeowners. However, it may pave the way for more affordable borrowing, as mortgage rates are expected to drop to their lowest levels in over a year, according to Freddie Mac. On Wednesday, the Fed lowered its key […]
Venmo users will be able to use the app for rent and mortgage payments through a new partnership with Bilt and PayPal.
PayPal’s Digital Payment Revolution for Rent and Mortgages PayPal is looking to modernize how rent and mortgage payments are made. On Monday, the company revealed a unique partnership with Bilt Rewards. Beginning in early 2026, millions of Americans will have the option to pay their rent, mortgage, and even local businesses straight through Venmo. This […]
Letitia James Says Mortgage Fraud Case Involves a ‘Weaponized’ Justice System
Letitia James Denies Mortgage Fraud Allegations, Calls Them “Baseless” New York State Attorney General Letitia James has asserted that the mortgage fraud case against her isn’t about her personally, but rather an example of a “weaponized judicial system.” According to reports, James made these statements after entering a not guilty plea to charges of bank […]
Attorney General Letitia James from New York Claims Innocence in Mortgage Fraud Case
Letitia James Pleads Not Guilty to Bank Fraud Charges New York Attorney General Letitia James entered a not guilty plea on Friday, facing two felony charges of bank fraud and making false statements to a financial institution. According to prosecutors, James allegedly sought better loan terms. She had consulted her bank regarding the intended use […]
New York Attorney General Letitia James denies wrongdoing in mortgage fraud case
Letitia James Pleads Not Guilty in Mortgage Fraud Case New York Attorney General Letitia James has entered a not guilty plea in a mortgage fraud case, which comes shortly after President Trump encouraged the Justice Department to act against her. In court, when asked about her plea, James stated, “Judge, I am not guilty on […]
New York Attorney General Letitia James enters a ‘not guilty’ plea in federal mortgage fraud case
Letitia James Arraigned on Federal Charges New York Attorney General Letitia James appeared in federal court in Norfolk, Virginia, on Friday, where she pleaded not guilty to charges of bank fraud and making false statements to a financial institution. The allegations against James are linked to her 2020 purchase of a home in Norfolk. Prosecutors […]