Only 15% of California homebuyers could afford to purchase a median-priced, existing single-family home in the state during the fourth quarter of 2024, according to the latest data from the California Association of Realtors’ Housing Affordability Index. This is down...
The Mortgage Bankers Association (MBA) is partnering with the Pension Real Estate Association (PREA) Foundation in an endeavor to encourage college students to consider careers in the commercial real estate finance industry. The partnership will highlight MBA’s and...
Russ Vought, the new acting director of the Consumer Financial Protection Bureau (CFPB), has informed the Federal Reserve it will not be requesting funds to finance its operations for Fiscal Year 2025 while informing the agency’s workforce that its headquarters will...
Elon Musk announced the Department of Government Efficiency (DOGE) identified an unauthorized $59 million allocation by the Federal Emergency Management Agency (FEMA) for the lodging of migrants in New York City hotels. “The @DOGE team just discovered that FEMA sent...
The newly sworn-in Secretary of Housing and Urban Development (HUD) Scott Turner issued an order directing his department to halt any pending or future enforcement actions related to the 2016 rule entitled “Equal Access in Accordance with an Individual’s Gender...
Optimal Blue Buys Usherpa, Bringing Borrower Outreach Into Mortgage Pricing…
