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Trump’s CFPB Director Pick Relocated to Treasury Position

Trump’s CFPB Director Pick Relocated to Treasury Position

by Phil Hall | May 12, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Trump administration has withdrawn Jonathan McKernan’s nomination to become the director of the Consumer Financial Protection Bureau (CFPB) and has nominated him to become undersecretary of domestic finance at the Department of the Treasury. McKernan was confirmed...
Hits and Misses for the Real Estate Week of April 28-May 2

Hits and Misses for the Real Estate Week of April 28-May 2

by Phil Hall | May 2, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The too-high cost for homebuying, the effects of plumbing mishaps on household budgets, and an XL-sized lease in New York City’s office market. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 28-May 2. Miss: A Dent to...
Judge Temporarily Blocks Planned CFPB Layoffs

Judge Temporarily Blocks Planned CFPB Layoffs

by Phil Hall | Apr 18, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A federal judge has temporarily blocked efforts by the Trump administration to terminate 90% of the workforce of the Consumer Financial Protection Bureau (CFPB). The Hill reports US District Judge Amy Berman Jackson has stopped the agency from today’s plan to...
Report: CFPB Staff to Begin Receiving Termination Notices

Report: CFPB Staff to Begin Receiving Termination Notices

by Phil Hall | Apr 18, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) issued a new wave of termination notices to its staff on Thursday. The notices could begin as early as today, although official terminations may not happen for several weeks and could impact as much as 90% of the...
Hits and Misses for the Real Estate Week of April 7-11

Hits and Misses for the Real Estate Week of April 7-11

by Phil Hall | Apr 11, 2025 | Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Selling stocks to buy a house, the continued delay on confirming the new CFPB director, and layoffs at Fannie Mae. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 7-11. Hit: Taking Stock. One of the most intriguing real...
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