Senate Democrats warn CFPB shutdown could disrupt prime interest rates
U.S. Senate Democrats sent a letter to Consumer Financial Protection Bureau (CFPB) acting director Russell Vought raising concerns that any “efforts to shutter the agency” could disrupt the publication of average prime offer rates (APOR), a key benchmark in the mortgage market. The CFPB manually cal
Former CFPB Director Rohit Chopra lands new consumer watchdog role
Rohit Chopra, former director of the Consumer Financial Protection Bureau (CFPB) and a previous member of the Federal Trade Commission, has landed a new job. According to reporting from Bloomberg on Tuesday, a coalition of Democratic state prosecutors called The Progressive State Leaders Committee (
Bright MLS projects 2026 as reset year, not a rebound
Bright MLS expects the U.S. housing market to enter a transitional period in 2026, with slightly lower mortgage rates and rising inventory offering some relief to buyers but not enough to fuel a full recovery. The nation’s largest multiple listing service (MLS) released its annual forecast Wednesday
Categories
Recent Posts
