Republicans want to reduce CFPB budget to $0 with new bill

Back in control of the House of Representatives, the Senate and the White House, Republicans are reportedly aiming to renew their ongoing war against the Consumer Financial Protection Bureau (CFPB) by targeting the money allocated to it by the Federal Reserve, which would effectively reduce the agen

Deephaven’s Tom Davis: ‘Either you take market share, or someone takes yours’

In this week’s episode of the Power House podcast, host and HousingWire President Diego Sanchez chats with Tom Davis, chief sales officer at Deephaven Mortgage. In this conversation, the duo explore niche lending, second lien product opportunities and demand for non-QM. Deephaven’s focus on non-QM l

White House offer to federal employees sparks concerns, union opposition

In one week, a deadline will arrive for federal workers to accept what appears to be a “buyout” if they choose to resign. The offer, which came in an email to federal workers from the government’s Office of Personnel Management (OPM), said that federal employees who resign by Feb. 6 can be paid thro

Remaining defendants push back in the Gibson commission lawsuit

While many real estate brokerages have made the choice to settle the commission lawsuits — including Side and JPAR just this week — others are still attempting to fight. On Monday, several high profile real estate firms such as Berkshire Hathaway Energy (BHE) — the parent company of HomeServices of