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The CFPB announces sweeping job cuts: up to 90% gone

More than 1,400 Consumer Financial Protection Bureau (CFPB) workers were terminated from their positions on Thursday, sources told WIRED. There were around 1,700 employees in total at the CFPB. Fox Business reports that around 1,500 workers will receive RIF notices across core functions, based on an unnamed source. This move is the latest in the Trump administration‘s latest action in cleaning...

U.S. Multifamily Buyer and Seller Sentiment Improves in Early 2025

According to recent data from CBRE, underwriting assumptions for core U.S. multifamily assets showed improvement in Q1 of 2025, while those for value-add assets saw a slight decline. Sentiment from both buyers and sellers grew more positive for both core and value-add assets, despite the Federal Reserve signaling a slower pace of interest rate cuts this year as it waits for clearer direction on policy...

Credit.org rolls out new reverse mortgage e-learning platform

The reverse mortgage education ecosystem has long struggled to push back against the tide of what the industry views as bad information about its products and business model. Nonprofit counseling agency Credit.org is aiming to offer more prospective reverse mortgage borrowers a source of information. It has created a new e-learning course that aims to demystify reverse mortgages for interested...

CCP war escalates: Pareja says eXp will not use delayed listings

The heated battle over the Clear Cooperation Policy (CCP) has led to tectonic shifts in the residential brokerage world, but one company doesn’t plan on utilizing a carve-out intended to appease opponents of the rule — eXp Realty. In a wide ranging presentation hosted on YouTube, eXp CEO Leo Pareja said the brokerage would not use “delayed listings,” which is the tweak to CCP announced in March...

Top Connecticut agent joins Coldwell Banker Realty

Michele Isenberg, a top-producing real estate agent in Danbury, Connecticut, is affiliating with Coldwell Banker Realty, the company announced Wednesday. She joins the firm’s Danbury office after leaving William Raveis. According to data from RealTrends Verified, Isenberg closed 57 transaction sides for $28.6 million in sales volume in 2023, the most recent data available. “We have been in...

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