Tag Archives: the wall street journal

DoJ opens criminal investigation into Fed Governor Lisa Cook

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Cook’s attorneys say she did not commit mortgage fraud, and is being targeted by the Trump administration to undermine the Federal Reserve’s independence. Continue reading →

If Fannie and Freddie go public, what happens to mortgage rates?

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Impact on rates depends on the structure of rumored IPO. Whatever the plan turns out to be, the Trump administration has stacked the boards at the mortgage giants with its supporters. Continue reading →

Luxury Presence deploys first ‘fully autonomous AI marketing team’

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Luxury Presence has rolled out a series of AI agents for marketing, using them to help agents and brokerage marketing teams do more outreach, lead nurture and display advertising in less time. Continue reading →

Trump official: Fed chair to answer for ‘ostentatious’ renovations

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OMB Director Russell Vought put accusations that Fed Chair Jerome Powell lied to Congress about a $2.5 billion renovation of the Fed’s headquarters in writing Thursday. Continue reading →

NYC broker fee bill goes into effect despite REBNY lawsuit

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New York City’s broker fee bill went into effect on Wednesday, prohibiting property owners from passing broker fees onto renters. REBNY attempted to block the bill’s enforcement but failed. Continue reading →

RealPage may catch break under Trump’s ‘One, Big, Beautiful Bill’

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Rental software company RealPage could soon see a reprieve from state and local efforts to ban its algorithmic pricing system thanks to a new tax bill passed Thursday by the House of Representatives under President Trump’s administration. Continue reading →

Compass negotiating to buy Berkshire Hathaway HomeServices

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The deal is reportedly nearing the finish line, though the companies have not agreed on final terms. Continue reading →

Byron Allen sells unit inside NYC’s 220 Central Park South for $82.5M

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The media mogul bought the 6,600-square-foot unit in 2023 for $75 million, and has clinched a healthy profit in an off-market deal. He also owns a smaller unit within the building. Continue reading →

‘Jeopardy!’ and ‘Wheel of Fortune’ creator’s former estate lowers ask

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The 40-acre estate with multiple structures hit the market last April for $36 million, and the price has been knocked down to $29.95 million as of Feb. 7. Will buyers bite? Continue reading →

Vacant, foreign-owned homes draw criticism in LA post-wildfires

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Wildfire victims and other residents are wondering what good vacant properties owned by individuals who live thousands of miles away serve while so many struggle to find temporary and permanent housing. Continue reading →