WASHINGTON — Behind a White House effort to saddle President Trump’s political foes with accusations of mortgage fraud is a 37-year-old home construction executive with a deep partisan past. Bill…
Read more A Trump donor, now a regulator, leads effort to accuse president’s foes of mortgage fraudPresident Donald Trump said Monday night that he’s firing Federal Reserve Governor Lisa Cook, an unprecedented move that would constitute a sharp escalation in his battle to exert…
Read more Trump fires Fed governor Lisa Cook, opening new front in fight for control over central bankIt’s no secret that the pandemic instigated much of the great downsizing of commercial real estate, but one financial services giant has been offloading leases for years before…
Read more One of America’s top banks has shed nearly 40 million square feet of office space over 15 years. BofA CEO unpacks commercial real estate’s ‘slow burn of change’U.S. homes may be wildly unaffordable for first-time buyers, but mortgage bonds backed by those same properties could be dirt cheap. Shocks from the Federal Reserve’s dramatic rate…
Read more Homes are expensive right now, but these mortgage bonds look cheap
