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)....
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...
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...
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 (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...
Commercial and multifamily mortgage borrowing and lending is expected to rise to $583 billion this year, according to an updated forecast from the Mortgage Bankers Association (MBA). This represents a 16% increase from 2024’s estimated total of $503 billion....
