Broker sues over state brick-and-mortar office mandates

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

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

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

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

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

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

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

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

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

NAR pulls the plug on its annual tech conference

The Innovation, Opportunity & Investment (iOi) Summit will “evolve” to provide year-round education, while signature events will move to other NAR conferences. Continue reading