The Consumer Financial Protection Bureau (CFPB) has dropped four enforcement actions against financial services companies. CNBC reports the agency issued legal filings for the voluntary dismissal for cases involving Capital One, the Berkshire Hathaway-owned Vanderbilt...
President Trump’s nominees to lead the Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB) pledged to bring reform to their respective agencies. In testimony delivered today before the Senate Banking, Housing and Urban Affairs...
Mortgage rates continued to decline, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.76% as of Feb. 27, down from last week when it averaged 6.85%. A year ago at this time, it...
Pending home sales dropped during January, according to new data from the National Association of Realtors (NAR). The Pending Home Sales Index (PHSI), NAR’s forward-looking indicator of home sales based on contract signings, tumbled by 4.6% to 70.6 in January, an...
The Trump administration has set an April 14 deadline for federal agency director to submit plans for moving offices to “less-costly parts of the country.” The Washington Post reports the guidance was issued by the directors of the Office of Management and Budget and...
Carter Multifamily, a Carter Funds company, has paid $37.7 million to acquire a 166-unit garden-style multifamily community located in Melbourne, Florida. Located in the state’s Space Coast, southeast of Orlando, the property was formerly known as The Palm Bay...
