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Musk’s team has gained access to CFPB building, data systems

Elon Musk has entered the Consumer Financial Protection Bureau (CFPB). According to a report from WIRED, associates working with Musk entered CFPB’s building Thursday, and CFPB Chief Operating Officer Adam Martinez confirmed that Musk’s team will receive read-only access to a sweeping amount of the bureau’s data. Martinez said that Musk associates would return on…

Fannie Mae says housing market optimism inched up in January

Homebuyer confidence for purchasing a home increased slightly in January, according to Fannie Mae‘s Home Purchase Sentiment Index (HPSI). The HPSI increased 0.3 points to 73.4 in January and is now 2.7 points higher than it was a year ago. The share of respondents who believe it’s a good time to sell a home remained…

HUD Sec. Turner holds HUD town hall, says there are “two genders”

Freshly confirmed and sworn in, U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner held his first town hall with department staff as the Trump administration’s housing leader. He used the brief proceeding to thank the department’s staff, to praise his Trump-era predecessor Ben Carson and to lay out his vision for how…

Insurance exodus left many properties unprotected from the LA fires

Last month’s wildfires in Southern California had a devastating impact as 29 people were killed and about 16,000 homes were destroyed. Leading up to the disasters, the state’s largest private home insurer dropped policies in high-risk areas, leaving them financially unprotected after they burned to the ground. That’s according to a report published Thursday by…