Trump’s 1st 100 days in office and its impact on real estate

What the rest of this year will look like under Trump 2.0 with regard to real estate is anyone’s guess. Cara Ameer breaks down the possibilities, problems and opportunities. Continue reading

Trump’s 1st 100 days in office and its impact on real estate

What the rest of this year will look like under Trump 2.0 with regard to real estate is anyone’s guess. Cara Ameer breaks down the possibilities, problems and opportunities. Continue reading

Regulators expected to remove lid on Wells Fargo’s growth soon

A $1.95 trillion asset cap that’s limited the bank’s growth could be lifted in Q2 with CFPB and other regulators having closed 12 of 14 consent orders aimed at remedying past business practices. Continue reading

Regulators expected to remove lid on Wells Fargo’s growth soon

A $1.95 trillion asset cap that’s limited the bank’s growth could be lifted in Q2 with CFPB and other regulators having closed 12 of 14 consent orders aimed at remedying past business practices. Continue reading

$18.5M in fines imposed on former Wells Fargo execs prove elusive

Under new leadership, OCC settles actions against two executives tied to 2016 scandal for $150,000 and won’t say if it will defend court challenge of $10 million fine in a third case. Continue reading

Groups slam CFPB’s bid to undo fair lending settlement as ‘dangerous’

Fair housing and consumer groups are trying to stop the Trump administration from vacating a settlement the government reached with a Chicago mortgage broker just days before the November election. Continue reading

Trump administration makes its case for massive CFPB job cuts

Judge puts a temporary hold on DOGE-driven move to fire all but 200 of the Consumer Financial Protection Bureau’s 1,700 employees to determine if it could still fulfill its statutory duties Continue reading

CFPB cites DEI in push to kill $105k settlement with mortgage broker

Acting director Russell Vought claims bureau “abused its power” in redlining case against Townstone Financial that dragged on for four years, to “further the goal of mandating DEI in lending.” Continue reading

Bill Pulte confirmed to lead Fannie and Freddie’s federal regulator

Mortgage industry groups support the Trump administration’s picks to lead the FHFA and CFPB, but questions remain about the prospects for dramatic policy shifts at the agencies. Continue reading

Rocket: Redfin acquisition will cut consumer transaction costs by half

Rocket executives say that a whopping $20,000 in savings from unifying home search, buying, selling, mortgage, title and servicing could allay antitrust concerns and keep regulators at bay after the deal closes. Continue reading