Before he was predictably fired by President Trump, Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra published a template for state-level regulators to continue the core mission of the agency after he’s gone and Republicans work to dismantle the consumer watchdog. After firing Chopra, Trump appointed Secretary Treasury Scott Bessent to assume double duty as…
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The Department of Justice (DOJ) got its wish. On Friday, the Ninth Circuit Court of Appeals granted the DOJ’s request to speak at oral arguments in an appeal filed by now-defunct discount brokerage REX Real Estate in its lawsuit against the National Association of Realtors (NAR) and Zillow. In early January, the DOJ filed its…
The so-called “silver tsunami” — referring to some kind of “rush” of older people into certain places, out of the workforce or to their housing stock, depending on who you talk to — is likely to have serious economic ramifications with negative potential, or a lot of upside potential due to the ways in which…
A “blank check” special purpose acquisition company (SPAC) affiliated with asset manager Rithm Capital has filed paperwork with the Securities and Exchange Commission (SEC) to raise $200 million for an acquisition in the financial services and real estate sectors. “We intend to target companies in the financial services and real estate sectors where our management…