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How Trump’s Slimmed-Down CFPB Might Impact Fair Housing, Consumer Protections

USA Real Estate News-RISMedia - Wed, 2025-06-11 11:46

The Trump administration has made sweeping changes at all levels of the federal government, slashing spending, cutting staffing and revamping policies to fit its agenda. There’s no place where this is more evident than at the Consumer Financial Protection Bureau (CFPB).  This week, multiple media outlets reported that a CFPB Enforcement Director Cara Petersen resigned,…

The post How Trump’s Slimmed-Down CFPB Might Impact Fair Housing, Consumer Protections appeared first on RISMedia.

May CPI misses projections even as tariff effects hold off

USA Real Estate News-Inman - Wed, 2025-06-11 11:42
Inflation remained softer than expected in May, with consumer prices rising only modestly, suggesting that President Donald Trump's latest tariffs have yet to ripple through, the Bureau of Labor Statistics reported Wednesday.

Mortgage Applications Surge This Week

USA Real Estate News-RISMedia - Wed, 2025-06-11 11:10

While the state of the economy may still be experiencing some uncertainty, it appears that increasing inventory in some areas is having an overall positive impact on loan application volume, which economists report this week was 20% ahead of last year at this time. According to the latest Weekly Mortgage Applications Survey from the Mortgage…

The post Mortgage Applications Surge This Week appeared first on RISMedia.

CFPB enforcement chief resigns, saying mission ‘under attack’

USA Real Estate News-Inman - Wed, 2025-06-11 09:21
The Trump administration is seeking to cut 90 percent of the CFPB's workforce, and has dismissed about 20 active enforcement cases and moved to vacate or weaken several finalized settlements.
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