Trump nominates Jonathan McKernan as director of CFPB

President Donald Trump has nominated Jonathan McKernan as the new director of the Consumer Financial Protection Bureau (CFPB), a major move in the administration’s broader government restructuring. McKernan’s nomination has been sent to the Senate for … Continue reading

Mortgage rates climbing again on hot CPI report, Powell testimony

Trump calls for lower interest rates after release of January CPI report. Powell says Fed is in no hurry to cut rates, and bond market investors who fund mortgages are taking him at his word. Continue reading

Trump wants Greenland. The Danes say they’ll trade it for California

As President Trump ups the ante on his plan to force Denmark into selling Greenland, the Danes are pushing back with a satirical offer to purchase California. Continue reading

DOGE cost-cutting exposes risk to cities with federal office space

Impact on certain markets may be “profound,” attorneys warn, as federal agencies look to cut the size of their real estate footprint by as much as 50 percent under the Trump administration. Continue reading

Steel and aluminum are President Trump’s latest tariff targets

The National Association of Home Builders has sounded the alarm on the potential impact on housing costs if Trump follows through on threats to impose duties on Canadian wood and gypsum from Mexico. 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

Anxiety over mortgage rates, rent and home prices begins to mount

Inflation expectations surged after President Donald Trump announced plans to impose tariffs on goods from China, Canada and Mexico, a new University of Michigan survey of consumers finds. 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

Tool Kit: What you should know about DEI and Fair Housing

Experts predict that 70 percent of Americans will develop a recognized disability. DEI is essential for our future, writes Rachael Hite, and smart agents will invest in learning more. 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