Swalwell backs off case against Pulte in mortgage fraud fight

Representative Eric Swalwell (D-Calif.) on Friday dropped his lawsuit against Federal Housing Finance Agency (FHFA) Director Bill Pulte after Swalwell was charged with mortgage fraud. Swalwell sued Pulte in November, accusing him of abusing his authority in forwarding a criminal referral regarding the lawmaker’s hostage to the Justice Department. Swalwell asked the courts to demand…

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Older women may inherit most of $54 trillion

Alistair Berg | Digitalvision | Getty Images For many married women, one of the biggest financial transitions of their lives will come when it’s least welcome: after the death of their spouse. Women, on average, live longer than men — a longevity gap that means many wives will outlive their husbands. At birth, the average…

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