Homebuilders warn they’re facing a 40% tariff on Canadian lumber

In renewing a call that building materials be exempt from tariffs, trade group notes that more than 70 percent of imported softwood lumber and gypsum used for drywall comes from Canada and Mexico. Continue reading

Treasury Secretary Scott Bessent to temporarily lead CFPB

President Trump fired former Consumer Financial Protection Bureau Director Rohit Chopra on Saturday. Treasury Secretary Scott Bessent will take over leadership duties until Trump nominates a new director. Continue reading

Compass launches ‘Compass One’ client portal and dashboard

The new portal went live on Monday as debates over Clear Cooperation have come to a peak. It will allow clients access to Compass exclusives, and to track transactions. 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

Homebuilders anxiously await details on Canada, Mexico tariffs

Bond market investors who fund most mortgages didn’t panic Friday over reports that the U.S. will impose tariffs on China, Canada and Mexico on Saturday, but details remain sketchy. Continue reading

Tony Hawk calls homeownership ‘saving grace’ during career slump

Inman Connect San Diego keynote and skateboarding icon Tony Hawk appeared on SoFi’s Richer Lives podcast and shared how his first home purchase saved his family during a financial dry spell. Continue reading

Taking a stand, transparency, Trump: Inman’s Top 5

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading

Ted Cruz aims to defund CFPB with implications for lender oversight

Although the agency was created by Democrats in an effort to protect consumers from abusive financial practices, it has continued to be viewed by Republicans as an unchecked power Continue reading

Pending home sales decline 5.5% following months of growth

The Pending Home Sales Index (PHSI), which tracks contract signings as a measure of future home sales, fell 5.5 percent to 74.2 in December, according to data released Thursday by the National Association of Realtors. Continue reading

Concierge Auctions, Luxury Presence form strategic initiative

The deal will provide Concierge Auctions members access to, among other products, Luxury Presence’s advanced website design, hosting, and SEO services. Luxury Presence customers will have the opportunity to promote sales in an auction environment. Continue reading