The CFPB’s about-face, an iconic retail chain’s downfall and the rescue of a derelict Frank Lloyd Wright home. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 24-28. Hit: An Unprecedented Oops. Once upon a time,...
Federal Housing Finance Agency (FHFA) Director Bill Pulte announced the rescinding of five advisory bulletins and directives issued during the Biden administration. The rescinded actions involve the advisory bulletin on climate-related risk management, the directive...
Two new data reports covering January’s housing market are showing continued acceleration in home prices. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 4.1% annual gain in January, up from 4% the previous month. The 10-City Composite...
Diana Reid, the CEO of Freddie Mac (OTCQB: FMCC), has reportedly been fired by Federal Housing Finance Agency (FHFA) Director Bill Pulte. No official statement of Reid’s firing was made by either Freddie Mac or the FHFA. Several news outlets, citing unnamed sources,...
The US Senate voted 56-43 to confirm Bill Pulte as the new director of the Federal Housing Finance Agency (FHFA). The vote was mostly along party lines, with all Republicans and three Democrats – Sens. Angela Alsobrooks of Maryland, Ruben Gallego of Arizona and Elissa...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
