Trump reportedly renews bid to oust Fed Gov. Lisa Cook
President Donald Trump is reportedly moving forward with a renewed attempt to remove Federal Reserve Gov. Lisa Cook over mortgage fraud allegations. The White House this week sent Cook a letter stating the president is “considering” removing her and demanding she respond to the allegations within th
UWM downgraded by Fitch after Q2 loss, Oaktree deal
Fitch Ratings downgraded the long-term issuer default ratings of United Wholesale Mortgage (UWM) to B+ from BB-, citing a sharp increase in leverage driven by second-quarter losses and higher borrowings. UWM’s ratings outlook is stable, Fitch said. UWM’s corporate leverage, measured as gross nonfund
REMAX, Keller Williams win final approval of Batton 1 settlement
REMAX and Keller Williams have received final approval of their homebuyer commission lawsuit settlement agreements in the Batton 1 lawsuit. Judge LaShonda Hunt, who is overseeing both of the Batton lawsuits, granted final approval to both settlements this week after a fairness hearing on Tuesday. Ac
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