Attorneys representing those accused of mortgage fraud by FHFA Director Bill Pulte are calling for an investigation into what they say is abuse of his office.

The Commerce secretary says a year-end offering of GSE stock is still possible.

Experts say financial incentives and public indifference contribute to the prevalence of occupancy fraud, but that the difficulty of proving intent limits prosecutions.

The Federal Housing Finance Agency, under the leadership of Bill Pulte, has made at least three criminal referrals to the DOJ about mortgage fraud, involving two Democrats.

Federal Reserve Governor Lisa Cook, in a lawsuit challenging her termination by Trump, argued that the president’s action would shatter the independence provided to the Fed.

Trump administration hinted a GSE stock sale might resemble its recent Intel deal, potentially seeding a national sovereign wealth fund.

Industry insiders worry that mixed signals from the Trump administration makes complex decisions, like ending the conservatorship, more difficult.

The GSEs will now be able to invest a combined $4 billion a year in LIHTC affordable housing tax credits. At least half of that investment must be in difficult-to-serve LIHTC communities.

Mortgage rates and MBS spreads may depend on how the White House structures the proposed IPO for the GSEs and how markets react to a potential merger of the two mortgage giants.

Industry stakeholders puzzle over the implications of the Trump administration’s plans for a quick public offering of the GSEs.