EXp CEO ‘cautiously optimistic’ as spring homebuying season nears

EXp CEO Leo Pareja said he’s hopeful about the busiest season of the year for homebuyers, saying more inventory at varied price points will be key to helping shoppers see beyond elevated rates. Continue reading

Democrats weighing government shutdown to protest DOGE cuts

As March 14 debt ceiling deadline approaches, housing and mortgage finance industries brace for repercussions of DOGE cuts to federal workforce and programs. Continue reading

NAR, Mortgage Bankers Association back CFPB nominee

The National Association of Realtors and several other housing groups urged Congress to confirm Consumer Financial Protection Bureau nominee Jonathan McKernan, noting he has a “wealth of experience” to lead the financial watchdog. Continue reading

DOGE’s moves could destabilize mortgage finance system

National Housing Conference President and CEO David Dworkin, a centrist advocate for affordable housing stakeholders, warns of unintended consequences of downsizing of HUD, FHA and Ginnie Mae. Continue reading

Pasadena ADU program offers second shot at affordable housing

To qualify, applicants must have owned and occupied the main property for at least five years, maintain a credit score above 650 and have a debt-to-income ratio below 40 percent. Continue reading

HUD to lay off approximately 4,800 employees under Trump plan

The U.S. Department of Housing and Urban Development will eliminate half of its workforce as part of the Trump administration’s latest effort to reduce federal costs, it announced Thursday. Continue reading

Name change, budget cuts at top of HUD secretary’s list

Department of Urban Housing and Development Secretary Scott Turner put budget cuts and a department name change at the top of his list, while fair housing and diversity, equity, and inclusion programs were noticeably absent. Continue reading

Senate confirms Scott Turner as HUD secretary in 55-44 vote

Former Texas state representative and NFL star Scott Turner will now lead the Department of Housing and Urban Development after being confirmed in a Senate vote of 55-44. Continue reading

Will HUD Secretary Scott Turner be good for housing?

Broker and former U.S. Senate legislative correspondent Cara Ameer offers issue-by-issue analysis of the confirmation hearing for Scott Turner, newly confirmed as HUD Secretary. Continue reading

Potential Trump grants freeze undermines the American dream

The potential economic and market impacts of federal job layoffs and a pending grants freeze could last for generations, Rachael Hite writes. Continue reading