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Democrat Lawmakers Demand Removal of Elon Musk’s DOGE From CFPB HQ

Democrat Lawmakers Demand Removal of Elon Musk’s DOGE From CFPB HQ

by Phil Hall | Feb 12, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Nearly 200 Democratic lawmakers led by Sen. Elizabeth Warren (D-MA) and Rep. Maxine Waters (D-CA) are demanding the Trump administration revoke the access by Elon Musk’s Department of Government Efficiency (DOGE) from the Consumer Financial Protection Bureau (CFPB)....
Indiana Developer Sentenced for Real Estate Fraud Scheme

Indiana Developer Sentenced for Real Estate Fraud Scheme

by Phil Hall | Feb 12, 2025 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

An Indiana real estate developer was sentenced to 41 months in prison for his role in a fraud scheme aimed at real estate investors. According to court documents, Herbert “Bert” Whalen operated Oceanpointe Property Management in Indianapolis from August 2016 to July...
Trump Nominates Jonathan McKernan to Become CFPB Director

Trump Nominates Jonathan McKernan to Become CFPB Director

by Phil Hall | Feb 12, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

President Trump has nominated Jonathan McKernan to become director of the Consumer Financial Protection Bureau (CFPB). McKernan stepped down from the board of directors of the Federal Deposit Insurance Corporation to be considered for the CFPB directorship. McKernan...
Mortgage Application Activity, Credit Availability on the Rise

Mortgage Application Activity, Credit Availability on the Rise

by Phil Hall | Feb 12, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

More people were filling out mortgage applications during the week ending Feb. 7, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 2.3% on a seasonally adjusted...
Zillow and Redfin Partner on Multifamily Rental Listings

Zillow and Redfin Partner on Multifamily Rental Listings

by Phil Hall | Feb 12, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Zillow (NASDAQ: Z, ZG) and Redfin (NASDAQ: RDFN) announced a new partnership with Zillow becoming the exclusive provider of multifamily rental listings on Redfin and its subsidiary sites. The partnership covers properties with 25 or more units. According to the...
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