Update: Thursday, Jan. 23, 2:35 pm Central: This article was updated with reporting by audio news service LiveSquawk.During a virtual speech at the World Economic Forum in Davos Thursday morning, President Donald Trump said he would “demand that interest rates drop immediately.” This marks his secon

Thursday marks the third full day of the second Trump administration, and the Consumer Financial Protection Bureau (CFPB) still has a director that was nominated and confirmed under President Joe Biden. How long that will last is anyone’s guess, but for right now, Rohit Chopra is continuing to work

Economists predict the Los Angeles wildfires, which are claiming thousands of high-end residential properties, to be one of the most expensive natural disasters ever. But the luxury real estate market is still poised for significant future growth as new demographics take over.Sotheby’s International

Georgia MLS — the Peach State’s largest real estate marketplace — announced on Wednesday that it will partner with 12 local MLSs to enhance data access for all parties under one listing platform.This agreement connects more than 55,000 agents to a large inventory of properties under a single system.

As the debate surrounding the National Association of Realtors’ (NAR) Clear Cooperation Policy (CCP) rages on, California Regional MLS (CRMLS) CEO Art Carter chose to voice his stance on the issue in a nine-page op-ed posted on LinkedIn this week.In the op-ed, Carter said that CRMLS is rejecting dem

Reverse mortgage lender and servicer Longbridge Financial, which offers both Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgage (HECM) loans as well as proprietary reverse mortgage products, announced that it has lowered the minimum home value for its fixed-rate proprietary

Brokerage leader eXp Realty isn’t slowing down its expansion in 2025. The company announced on Wednesday the addition of brokerage leader Abel Gilbert and ONEPATH Realty to its growing global network.ONEPATH Realty may be an independent brokerage, but it’s no stranger to posting big numbers. The Mia

Home renovation projects could bring a variety of safety and efficiency improvements to older construction, but anxiety is a key element keeping many homeowners from exploring renovation projects. This is according to a report conducted by Renewal by Andersen, a home improvement company.The study su

This week, key committee leaders in the U.S. House of Representatives and the U.S. Senate have outlined goals for the new congressional term, including some priorities for the housing sector.Now that both President Donald Trump and Congress have been seated, lawmakers have signaled their intent to b

Real estate technology provider Constellation Real Estate Group announced on Wednesday that it is adding four new executives to its senior leadership team. Scott Petronis, Mark Mathis, Greg Beckman and Elisha Elliott will each take vice president roles at the company this year.These hires come after

Online real estate marketplace Auction.com announced Wednesday that it is launching SmartSale, a technology-powered option to foreclosure that lets distressed homeowners list and sell their property.SmartSale allows homeowners to sell their homes through direct offers from buyers or an auction proce

The Colorado Board of Real Estate Appraisers executed a Stipulation and Final Agency Order for public censure, fines, and revocation of the license for Maksym Mykhailyna, according to an announcement in early January. Mykhailyna, who is based in Denver, had previously held both a Colorado certified

Last week, San Francisco-based real estate technology company RealScout announced that Andrew Flachner had returned as its president and CEO. Flachner is one of the company’s co-founders and replaces former CEO Arthur Kaneko, who will continue to serve RealScout as an adviser.Flachner, who has maint

The Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program has long been positioned by reverse mortgage professionals as a viable path for expanding the base of reverse mortgage business. It would allow older homeowners to use a reverse mortgage to purchase a new home.While the required d

The executive changes at RE/MAX continue. On Tuesday, RE/MAX Holdings, the parent company of RE/MAX and Motto Mortgage, announced it was welcoming Travis Saxton as its new executive vice president of strategy. According to the release, Saxton will be tasked with guiding “real estate strategy and tec

The National Association of Realtors’ (NAR) commission lawsuit settlement agreement — as well as settlements reached by RE/MAX, Keller Williams, Anywhere, Compass, Redfin, At World Properties and many others — may have received final approval, but the first commission lawsuit settlement to be reache

President Donald Trump wasted no time implementing his agenda after taking the oath of office on Monday. He signed more than 200 executive orders, memorandums and proclamations on the first day of his second term, touching on everything from withdrawing from the World Health Organization to delaying

Last week, Mark Steven Diamond — who was found guilty of bilking older homeowners in the Chicago area out of money through a reverse mortgage scam — was sentenced in federal court to a 17-year prison term. In the fallout of the sentencing, an organization in Illinois is seeking to codify a home pres

The Mortgage Bankers Association (MBA)’s education division, MBA Education, recently launched its Mortgage Banking Bound (MBB) program at Cleveland State University.The program, which is led by adjunct professor Debbie Hoffman — a visiting assistant professor at the Cleveland State University Colleg