Chris Gallo, once one of the nation’s top mortgage loan officers, has pleaded guilty to conspiracy to commit bank fraud in federal court in New Jersey, according to court filings.
A federal judge on Friday blocked subpoenas that the U.S. Department of Justice (DOJ) served the Federal Reserve in a case involving Jerome Powell’s Congressional testimony on the central bank’s headquarters renovation.
A Friday-morning news report suggesting that the Trump administration is exploring an antitrust probe into U.S. homebuilders landed with its intended shock value. The implication? Washington, having rattled its saber, may be preparing to treat large builders as a concentrated market actor whose behavior is contributing to America’s housing affordability crisis. By late Friday afternoon, […]
Compass closed its acquisition of Anywhere Friday, with the Wall Street Journal and Bloomberg reporting that DOJ leaders blocked a deeper antitrust review.