Swalwell backs off case against Pulte in mortgage fraud fight

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