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16.07.25 - 14:42
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Trump Accuses ′Shifty Adam Schiff′ Of Mortgage Fraud, Says He ′Needs To Be Brought To Justice′ (ZeroHedge)
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Trump Accuses 'Shifty Adam Schiff' Of Mortgage Fraud, Says He 'Needs To Be Brought To Justice'
Authored by Debra Heine via American Greatness,
President Donald Trump on Tuesday accused Sen. Adam Schiff (D-Calif) of engaging in a pattern of mortgage fraud, calling him a “scam artist” who “needs to be brought to justice.”
The president took to Truth Social Monday morning to share the conclusion of fraud allegedly reached by Fannie Mae's financial crimes division.
“I have always suspected Shifty Adam Schiff was a scam artist. And now I learn that Fannie Mae's Financial Crimes Division have concluded that Adam Schiff has engaged in a sustained pattern of possible Mortgage Fraud,” Trump stated.
“Adam Schiff said that his primary residence was in MARYLAND to get a cheaper mortgage and rip off America, when he must LIVE in CALIFORNIA because he was a Congressman from CALIFORNIA,” the president continued.
By listing his Maryland home as his primary residence, according to the a...
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16.07.25 - 13:24
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Hong Kong property sector could face challenges but ′risks are manageable′: FSDC (SCMP)
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Hong Kong's property sector could face some “short-term challenges” but “the risks are manageable” because the city's economy was diversified and sat on a solid foundation, the chairman of the Financial Services Development Council (FSDC) said on Wednesday.
“As an international financial centre, the global uncertainties would mean some Hong Kong industries would face certain short-term challenges, including the property sector,” said Benjamin Hung Pi-cheng at a press conference after the council......
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16.07.25 - 08:02
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Auch ohne KIM: Eigenheim bleibt Wunschtraum (Der Boersianer)
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Trotz des Auslaufens der KIM-Verordnung sorgt die Ankündigung der FMA, an den strengen Kreditvergabekriterien festzuhalten, für neue Unruhe in der Branche – und entfacht eine hitzige Debatte über Regulierung, Wohnbau und leistbares Eigentum....
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16.07.25 - 02:42
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Goldman Warns of "Accelerated Property Price Declines" Across Chinese Cities (ZeroHedge)
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Goldman Warns of "Accelerated Property Price Declines" Across Chinese Cities
The latest 70-city house price data from China's National Bureau of Statistics indicate that the property market remains in decline as of June, despite ongoing policy easing measures and recent rumors that Beijing may revive its 2015 stimulus playbook. Overnight, China reported 5.2% year-over-year growth for Q2, just fractionally above expectations (does anyone actually believe these numbers?).
A team of Goldman analysts, led by Andrew Tilton, penned a note on Tuesday for clients, warning that China's housing market is continuing to accelerate to the downside.
NBS' 70-city primary-market weighted average property price change in June: -2.5% mom annualized (seasonally adjusted by GS), -3.1% yoy. May: -2.3% mom annualized, -3.5% yoy.
Tilton said new data from the National Bureau of Statistics shows new home prices across 70 cities fell 2.5% month-over-month annualized in June—despite ongoing easing...
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