The special committee of the board of directors at Better Home and Finance has withdrawn its challenge to the preliminary report of the independent inspector of elections regarding the consent solicitation initiated by former company CEO Vishal Garg.
Matt Jones, the Trump administration’s nominee for commissioner of FHA, plans to continue to work to reduce mortgage costs and housing costs if confirmed for the position.
In recent weeks, Better has disputed shareholder share counts announced by Garg and accused him of violations of securities laws in his effort to remove directors at the company.
FICO launched a direct license program a year ago but adoption has been hindered by lack of approval from FHFA for use by the government-sponsored enterprises.
The district court sided with the Trump administration, determining that the employees failed to plausibly allege a claim for retaliation under the Fair Housing Act.