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Trump Fires CFPB Director Rohit Chopra

Trump Fires CFPB Director Rohit Chopra

by Phil Hall | Feb 1, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

President Trump has fired Rohit Chopra from his position as director of the Consumer Financial Protection Bureau. Chopra, a political ally of Sen. Elizabeth Warren, was appointed to run the CFPB by President Biden in 2021. But unlike other Biden appointees, he opted...
Hits and Misses for the Real Estate Week of Jan. 27-31

Hits and Misses for the Real Estate Week of Jan. 27-31

by Phil Hall | Jan 31, 2025 | Hits and Misses, Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The unclear future for the CFPB, a Vermont housing shortage and a halt to San Diego housing vouchers. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 27-31. Miss: A Job Nobody Wants? If you are wondering about the...
Alanna McCargo Steps Down as FHLBank San Francisco Chief Executive

Alanna McCargo Steps Down as FHLBank San Francisco Chief Executive

by Phil Hall | Jan 31, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) announced President and CEO Alanna McCargo is stepping down, effective immediately. McCargo will transition into a new role as special policy advisor, working directly with the chairman of the board...
Closinglock Closes $34 Million in Series B Funding

Closinglock Closes $34 Million in Series B Funding

by Phil Hall | Jan 31, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Closinglock, the Austin-headquartered fintech and fraud prevention technology provider for the real estate industry, has closed a $34 million Series B funding round led by Sageview Capital and supported by Headline and RWT Horizons. According to the company, the...
Report: White House Considers Firing Rohit Chopra and Shifting CFPB Oversight

Report: White House Considers Firing Rohit Chopra and Shifting CFPB Oversight

by Phil Hall | Jan 31, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Trump administration is reportedly ready to fire Rohit Chopra, the Biden-era appointee serving as director of the Consumer Financial Protection Bureau (CFPB), and it is also considering shifting oversight of the agency to either the US Department of the Treasury...
Utah Governor’s Housing Aide: Illegal Immigrant Crackdown Could Drive Up Home Prices

Utah Governor’s Housing Aide: Illegal Immigrant Crackdown Could Drive Up Home Prices

by Phil Hall | Jan 31, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The housing advisor to Utah Gov. Spencer Cox is predicting the Trump administration’s crackdown on illegal immigration could drive up home prices. The Deseret News reports that Steve Waldrip, who serves as senior advisor for housing strategy and innovation for the...
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