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Adriana D. Kugler, who helps set interest rates, resigns as Fed governor
Kugler, whose term was set to expire at the end of January 2026, joined the board of governors in September 2023.
Mortgage rate mythbusting: Destroying the most common misconceptions
Bad takes spread faster than wildfire. It’s time to set the record straight on the most persistent myths about mortgage rates.
Preliminary injunction hearing in Compass v. Zillow to begin in late November
The parties will take part in a three-day hearing in late November. Expert witnesses will not be able to testify on harm to Compass.
Top execs at Freddie Mac, FHFA fired: report
The top executives at Freddie Mac, along with a top HR official at the FHFA, were fired today, according to a report on SEMAFOR.
FOA appoints new board members, including former US senator
The two new board members are expected to assist the reverse mortgage lender’s efforts in marketing and legislative affairs.
Build, baby, build: How the US can start fixing its housing supply crisis
The U.S. is short millions of homes. Policymakers, builders, lenders and others shared potential solutions at the Housing Supply Summit.
Hawaii Supreme Court rules against insurance companies, $4B settlement to proceed
The court will not allow insurance companies to seek direct reimbursement from defendants, allowing a $4 billion settlement to proceed.
Altadena, Palisades see first home sales after fires
The first Altadena property destroyed by the Eaton Fire in January has officially sold, just days after hitting the market.
Sibcy Cline settles commission lawsuits
Midwest-based independent brokerage Sibcy Cline is the latest firm to settle the commission lawsuits. On Friday, the plaintiffs in the Keel suit filed a motion for preliminary approval of a settlement reached with Sibcy Cline. This filing came just one day after the plaintiffs filed an amended complaint adding Sibcy Cline as a defendant.
