Tag Archives: Washington D.C.

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 →

Broker sues over state brick-and-mortar office mandates

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Online fee-for-services broker Derek Eisenberg, the founder of Continental Real Estate Group, is suing Nevada and West Virginia over the requirements, alleging they’re unconstitutional. Continue reading →

Democrats weighing government shutdown to protest DOGE cuts

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As March 14 debt ceiling deadline approaches, housing and mortgage finance industries brace for repercussions of DOGE cuts to federal workforce and programs. Continue reading →

NAR, Mortgage Bankers Association back CFPB nominee

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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 →

HUD, FHA staffing cuts would undermine housing, union warns

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The Trump administration is silent on details, but disputes the accuracy of a Feb. 18 report by Bloomberg Law that at least 40 percent of FHA’s workforce are set to be laid off as part of cost-cutting initiatives. Continue reading →

Compass snaps up major Washington DC luxury brokerage

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Washington Fine Properties operates in Washington, D.C., Maryland and Virginia and has about 150 agents. The company’s leadership team will remain in place after joining Compass. Continue reading →

DOGE claims to have ‘recovered’ $1.9B in ‘misplaced’ HUD funds

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The Department of Government Efficiency (DOGE) claims to have “recovered” $1.9 billion in misallocated Department of Housing and Urban Development (HUD) funds, the agency announced on X Friday. While DOGE attempted to redact sensitive details in the sh… Continue reading →

Fannie Mae and Freddie Mac’s net worths climb past $154B

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While plans to privatize the mortgage giants are on the back burner, Trump administration may impose limits on how much support the mortgage giants can provide to riskier borrowers. Continue reading →

Trump nominates Jonathan McKernan as director of CFPB

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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 →

Homebuyers gain leverage as sellers cut prices: Zillow

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Prospective homebuyers have a better shot at securing a dream home as sellers continue to lower listing prices, according to a recent analysis by Zillow. Despite persistently high mortgage rates, buyers are capitalizing on these price reductions to neg… Continue reading →