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Judge Halts Mass Firings at CFPB

Judge Halts Mass Firings at CFPB

by Phil Hall | Feb 15, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A federal judge issued an order on Friday evening that temporarily halted the Trump administration from firing employees at the Consumer Financial Protection Bureau (CFPB) without cause and from issuing a reduction-in-force notice for the agency. According to combined...
Hits and Misses for the Real Estate Week of Feb. 10-14

Hits and Misses for the Real Estate Week of Feb. 10-14

by Phil Hall | Feb 14, 2025 | Hits and Misses, International Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

DOGE’s impact on Washington, Greenland hijinks and Redfin’s under the radar layoffs. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Feb. 10-14. Hit: Getting It Done. Earlier this week, the Department of Housing...
Vought Pauses Defunding of CFPB Following Lawsuit

Vought Pauses Defunding of CFPB Following Lawsuit

by Phil Hall | Feb 14, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Acting Consumer Financial Protection Bureau (CFPB) Director Russell Vought has agreed to temporarily halt his plans to stop the funding of the agency for at least two weeks following a court challenge over whether he has the authority to take such an action. According...
Survey: 1 in 4 Remote Workers Ordered Back to Office No Longer Live Near Their Job

Survey: 1 in 4 Remote Workers Ordered Back to Office No Longer Live Near Their Job

by Phil Hall | Feb 14, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A new survey of Americans working from home has found one in four remote employees who must now return to an office no longer live near their place of employment and must either move or seek a new job. The survey of 2,370 employees at companies enforcing return to...
New Owner of Michael Jordan’s Chicago Mansion Renting It Out for $230,000 Per Month

New Owner of Michael Jordan’s Chicago Mansion Renting It Out for $230,000 Per Month

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

The new owner of Michael Jordan’s former Chicago-area mansion is now renting the property for $230,000 per month. Realtor.com reports the property’s owner – John Cooper, a partner at the real estate company HAN Capital – initially planned to create a luxury timeshare...
Union Claims HUD Plans to Cut Half of Its Workforce

Union Claims HUD Plans to Cut Half of Its Workforce

by Phil Hall | Feb 14, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The union representing the employees at the US Department of Housing and Urban Development (HUD) claims the agency is planning to layoff half of its 9,600-member workforce. Bloomberg Law reports that Antonio Gaines, president of AFGE National Council 222, said the...
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