Judge clears way for federal layoffs, including at the CFPB and VA
A judge cleared the path for mass layoffs of federal workers, including at the CFPB, by ruling against a Treasury Employees Union lawsuit.
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NAR, Phoenix Realtors settle dispute over three-way agreement
The Phoenix Association of Realtors (PAR) has blinked first in its game of chicken with the National Association of Realtors (NAR).
The groups announced Thursday that they’ve come to an agreement that will pare down PAR’s membership option to agents who are not Realtors, bringing PAR into compliance with NAR’s bylaws.
The groups announced Thursday that they’ve come to an agreement that will pare down PAR’s membership option to agents who are not Realtors, bringing PAR into compliance with NAR’s bylaws.
Massachusetts AG sues Hometap over ‘illegal reverse mortgage’
Massachusetts’ attorney general alleges that Hometap’s equity investment product is deceptive and constitutes an “illegal” reverse mortgage. Hometap calls the suit “meritless.”
Gen Z seeking inventive homeownership paths
Gen Z is carving a variety of paths to homeownership, seeking to overcome continued uncertainty with affordability and inventory.
Two CFPB critics appointed to leadership roles at the bureau
The newest leaders of the CFPB might not be planning long-term employment. Jeffrey Clark was appointed senior advisor to Chief Legal Officer Mark Paoletta.
HMBS 2.0 rollout could be hobbled by reported Ginnie Mae staff cuts
A former official said that layoffs at Ginnie Mae could delay or table certain programs like HMBS 2.0, but a source familiar with HUD’s plans disputed any “drastic staffing cuts.”
The Trump administration thinks HUD’s Disaster Relief is a waste of money. They’re wrong
The U.S. Department of Housing and Urban Development (HUD) has announced its own DOGE Task Force this week, after Elon Musk’s team ravaged the Consumer Financial Protection Bureau (CFPB) last week. While American voters have little transparency into this undemocratic firing squad, we know that they intend to fire half of all HUD’s employees, including those […]
Fair housing nonprofit sues Scott Turner, HUD over ‘DEI’ orders
Three civil rights groups filed a lawsuit against President Trump and his administration over elimination of federal grants perceived as DEI.
California insurance commissioner rejects State Farm’s request for 22% rate increase
On Friday, California insurance commissioner Ricardo Lara rejected State Farm’s request for “emergency” rate increases, going against the recommendation of his staff experts.
Australia, New Zealand-based reverse pros share insights
Two professionals from Australia and New Zealand’s leading reverse mortgage provider shared some of what they learned at a U.S. reverse mortgage conference last year.