Public Citizen, a consumer advocacy group, has asked the Federal Elections Commission to investigate alleged violations of campaign finance laws by Freddie Mac's top lobbyist and a Republican fund-raising firm, although the complaint does not accuse Freddie Mac, as a corporate entity, of such violations.According to the complaint, during the 2002 election cycle, Mr. Delk hosted 45 fund-raising events for federal officeholders and candidates, many with direct oversight over Freddie Mac. A statement released by Public Citizen says Mr. Delk paid "significantly discounted prices" for the fund-raising events, "the low balling of which kept Delk's total contributions within federal limits." Mr. Delk used Epiphany Productions of Virginia, a Republican fund-raising firm, to organize the events. A Freddie spokeswoman said Mr. Delk hosted the events "as a private citizen, not on the behalf of our company." She added that Freddie Mac does not feel he violated any campaign finance laws in regard to the fund-raisers. As of MortgageWire's deadline Friday, neither Mr. Delk's attorney, Jan Baran, nor Epiphany could be reached for comment.
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A White House executive order issued Friday afternoon directing regulators to ease Dodd-Frank compliance burdens comes as a bipartisan housing bill advances on Capitol Hill.
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A federal judge wrote in an opinion that a "mountain of evidence" suggests the subpoenas were an effort to push Federal Reserve Chair Jerome Powell to lower interest rates or resign.
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Borrower equity fell $78.8 billion, or 0.5%, year over year in Q4, according to Cotality's Home Equity Report. That's an average decrease of $8,500.
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Lennar's first fiscal quarter earnings were down by more than half after three years of persistent trials which are testing consumer confidence and sentiment.
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Federal bank enforcement actions have dropped sharply since the start of the second Trump administration, but experts' views vary about whether less enforcement will result in a buildup of risk in the financial system.
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FIGRE 2026-HF3 will repay noteholders on a pro rata basis but is subject to a provision that requires the deal to repay noteholders sequentially after a credit event.
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