Swalwell backs off case against Pulte in mortgage fraud fight
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Rep. Swalwell dropped his lawsuit against FHFA Director Pulte after facing mortgage fraud accusations himself.
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Rep. Eric Swalwell (D-Calif.) dropped his lawsuit against FHFA Director Bill Pulte on Friday after being accused of mortgage fraud himself. Swalwell had sued Pulte in November, claiming the FHFA director abused his authority by forwarding a criminal referral about the congressman's mortgage to the Department of Justice. The withdrawal ends a legal confrontation that emerged from Pulte's handling of a mortgage matter involving Swalwell. The case highlighted tensions between Swalwell and Pulte over the proper scope of the FHFA director's authority in forwarding potential violations to law enforcement. Swalwell's decision to abandon the lawsuit effectively resolves the dispute between the two men.
What's Being Done
Swalwell withdrew his lawsuit against Pulte on Friday, ending the legal dispute between the congressman and the FHFA director.
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