Say hello to your new CFPB director, Kathy Kraninger

The Consumer Financial Protection Bureau finally has a non-temporary leader. On Thursday, the Senate voted 50-49 along party lines, with no Democrat voting in support, to approve Kathy Kraninger as the new head of CFPB. Continue reading

Millennials finances are crushed by a “debt machine,” Opendoor co-founder says

Millennials are regularly maligned as lazy, avocado toast-loving hipsters, but according to a co-founder of Opendoor — and a new study — the generation is instead plagued by a “debt machine” that puts them at a huge economic disadvantage compared to ol… Continue reading

‘Disenchanted, shocked’ agents leave Compass after 3 months

A Bay Area real estate team is defecting from Compass to join Coldwell Banker Residential Brokerage, just months after joining the New York City-founded brokerage. Continue reading

In sign of cooling market, flips decline to lowest level since 2015

U.S. home flips have fallen to the lowest level in over three years, according to a new report from Attom Data Solutions, the property information firm. Continue reading

Franchising is ‘not the best option anymore’

The Pemberton Team and Desrochers Realty Group are jumping ship from Coldwell Banker Burnet and bringing a combined 800 transactions and $300 million in sales volume to eXp Realty. Continue reading

A Trump official with a 6-figure salary is moving to public housing

A Trump administration official with a six-figure salary is planning to move from her Trump Tower condo into public housing. Continue reading

Compass taps Microsoft executive as new chief technology officer

Joseph Sirosh, formerly Microsoft’s chief technology officer of artificial intelligence, has signed on as Compass’ new CTO, the company announced Tuesday. Continue reading

eXp World Holdings adds Amherst Avenue Capital CEO to Board of Directors

EXP World Holdings, the parent company of the cloud-based real estate brokerage eXp Realty, has added Amherst Ave Capital CEO and CIO Dan Cahir to its Board of Directors.  Continue reading