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

CFPB is latest target of Trump’s downsizing government campaign

Democrats vow to fight moves to “unlawfully ‘delete’ this popular consumer watchdog that enjoys the broad bipartisan support of 4 out of 5 Americans.” 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

Trump’s executive order to address housing costs is short on specifics

Mortgage lenders have renewed their calls to slash Federal Housing Administration mortgage insurance premiums to help buyers struggling with elevated housing costs and mortgage rates. Continue reading

Trump nominates homebuilder scion to oversee Fannie, Freddie

The grandson of PulteGroup founder William J. Pulte, Bill Pulte is a private equity CEO, philanthropist and Trump loyalist with 3 million followers on X. Continue reading

4 more US senators call for DOJ probe of RealPage over rent hikes

Sens. Elizabeth Warren, Bernie Sanders, Tina Smith and Edward Markey said they investigated rental data firm RealPage and call for more scrutiny of the company’s role in nationwide rent growth. Continue reading

Would student loan forgiveness help young homebuyers? Not necessarily

Forgiving student loan debt would have lots of economic impacts, but one of the most common arguments in the debate over this policy is that it would influence the housing market. Continue reading

Sustained surge in mortgage rates could dent home sales

In addition to worries about the potential impact of Fed tapering, there’s also uncertainty about the approaching U.S. debt ceiling and the future leadership of the Fed. Continue reading

Swanky NYC penthouse, site of star-studded Oscar parties, asks $7.9M

Former HBO chief Michael Fuchs spent years hosting A-list celebrities and political figures at his East Village penthouse. Continue reading