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Mike Simonsen Named Chief Economist at Compass

Mike Simonsen Named Chief Economist at Compass

by Phil Hall | Jul 14, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Compass Inc. (NYSE: COMP) has hired Mike Simonsen as its first-ever chief economist. Simonsen, who was previously the founder and CEO of Altos Research, will be tasked with elevating Compass’ market reports and power its data-driven content. “Mike is the...
Judge Axes CFPB’s Medical Debt Reporting Rule

Judge Axes CFPB’s Medical Debt Reporting Rule

by Phil Hall | Jul 14, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A federal judge in Texas overturned a Consumer Financial Protection Bureau (CFPB) rule enabling the erasure of medical debt from credit reports. The Hill reports US District Judge Sean Jordan stated the CFPB exceeded its’ authority by issuing the rule, which was...
Report: Family Money Helps One-Quarter of Young Homebuyers with Down Payments

Report: Family Money Helps One-Quarter of Young Homebuyers with Down Payments

by Phil Hall | Jul 14, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Bank of Mom and Dad is helping to keep the housing market afloat – a new survey from Redfin determined nearly one-quarter (23.8%) of young Americans who recently bought a home tapped into family money to help cover their down payment. The typical homebuyer’s down...
Wall Street Journal Slams Trump-Pulte Housing Policies

Wall Street Journal Slams Trump-Pulte Housing Policies

by Phil Hall | Jul 14, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Wall Street Journal’s editorial board has published two scathing criticisms of the housing policies espoused by President Donald Trump and Federal Housing Finance Agency Director Bill Pulte. In the editorial “How to Increase Mortgage Defaults,” the Journal’s...
Ohio’s Governor and Attorney General Pursue Rival Property Tax Reform Initiatives

Ohio’s Governor and Attorney General Pursue Rival Property Tax Reform Initiatives

by Phil Hall | Jul 14, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Ohio’s governor and attorney general have respectively launched property tax reform initiatives that are designed to quell the growing discontent regarding how property owners are being taxed. Gov. Mike DeWine announced the formation of his Property Tax Reform Working...
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