The U.S. Department of Housing and Urban Development (HUD) on Thursday officially announced the launch of a task force that will collaborate with billionaire Elon Musk’s “Department of Government Efficiency” (DOGE), which currently operates out of the White House. The task force is designed to “review how HUD is spending American taxpayer dollars,” in alignment…
"2025" Arşivleri
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The dual shocks of the 2022–2024 housing market downturn and the outcomes of significant litigation are now in the rearview mirror. In response, many brokerage firms have adapted their business models to navigate these challenges. While these adjustments have allowed firms to achieve profitability at current sales levels and comply with the changes to MLS…
The Trump administration’s plan to defund the Consumer Financial Protection Bureau (CFPB) has been put on pause. The City of Baltimore and the Economic Action Maryland Fund (EAMF) filed a lawsuit on Wednesday against the CFPB and its acting director, Russell Vought, seeking to prevent the Trump administration from unilaterally defunding the department. A day…
On Friday, Fannie Mae reported $17 billion in net income in 2024, down slightly from its $17.4 billion profit in 2023. The government-sponsored enterprise (GSE) had net income of $4.1 billion in the fourth quarter of 2024, marking its 28th consecutive quarter of positive earnings. Fannie Mae president and CEO Priscilla Almodovar said during Friday’s…