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Judge Blocks Trump Effort to Whittle Down the CFPB

Judge Blocks Trump Effort to Whittle Down the CFPB

by Phil Hall | Mar 28, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A federal judge has halted the Trump administration’s actions to downsize and realign the Consumer Financial Protection Bureau (CFPB). In a 112-page ruling by US District Judge Amy Berman Jackson, an Obama administration appointee, the Trump administration was ordered...
Hits and Misses for the Real Estate Week of March 24-28

Hits and Misses for the Real Estate Week of March 24-28

by Phil Hall | Mar 28, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The CFPB’s about-face, an iconic retail chain’s downfall and the rescue of a derelict Frank Lloyd Wright home. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 24-28. Hit: An Unprecedented Oops. Once upon a time,...
Proposed Texas Development Accused of Seeking Muslim-Only Community Under Sharia Law

Proposed Texas Development Accused of Seeking Muslim-Only Community Under Sharia Law

by Phil Hall | Mar 28, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A proposed mixed-use real estate development project 40 miles northeast of Dallas has drawn scrutiny from Texas’ Gov. Greg Abbott and Attorney General Ken Paxton amid accusations to it would become a Muslim-only community operating under Sharia law. According to...
Fannie Mae Forecasts Declining Mortgage Rates for 2025 and 2026

Fannie Mae Forecasts Declining Mortgage Rates for 2025 and 2026

by Phil Hall | Mar 28, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new forecast by Fannie Mae’s (OTCQB: FNMA) Economic and Strategic Research Group is predicting mortgage rates to end 2025 and 2026 at 6.3% and 6.2%, respectively, downward revisions of three-tenths for each. The revised forecast was mirrored by a mild upward...
NAR to Layoff 61 Employees as Part of Organizational Overhaul

NAR to Layoff 61 Employees as Part of Organizational Overhaul

by Phil Hall | Mar 28, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) announced the elimination of 61 positions in an overhaul by the association as being part of a “a months-long strategy to reduce costs, streamline operations, and reposition itself to offer robust solutions and support for...
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