President Trump nominated Jonathan McKernan, who previously served as a board member of the FDIC and senior counsel of policy at FHFA, to be director of the CFPB on Tuesday, capping a chaotic week for the bureau. McKernan also has experience in the Senate, having served as senior financial policy advisor to Sen. Bob Corker,…
"February 12, 2025" Archives
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Rental listings have been a consistent high-growth revenue stream for Zillow since the onset of the COVID-19 pandemic in 2020. And the company has struck a deal that it believes can push that growth even higher. On its fourth-quarter 2024 earnings call on Tuesday evening, Zillow announced a partnership with fellow Seattle-headquartered firm Redfin that…
Families are becoming more strategic when choosing a city to live in. And some cities are better equipped to promote the concept of family homeownership. Online marketplace LendingTree released a study this week that identified the best major metropolitan areas for families in 2025. The study utilized data from the U.S. Census Bureau‘s 2023 American…
The Oregon state senate’s Committee on Housing Development held a hearing last week on a piece of proposed legislation that seeks to limit the amount of equity a reverse mortgage lender can receive after the sale or transfer of a property. Industry representatives contend that if enacted, the bill could potentially halt the availability of…