Federal layoffs are fueling an inventory surge in nation's capital
Active listings in Washington, DC, have surged 25.1% year over year, the largest jump on record and nearly double the national increase of 14.2%, new Redfin data released Wednesday shows
by Richelle Hammiel May 7
Trump's 1st 100 days in office and its impact on real estate
Opinion
What the rest of this year will look like under Trump 2.0 with regard to real estate is anyone’s guess. Cara Ameer breaks down the possibilities, problems and opportunities
by Cara Ameer Apr 29
Trump administration makes its case for massive CFPB job cuts
Judge puts a temporary hold on DOGE-driven move to fire all but 200 of the Consumer Financial Protection Bureau's 1,700 employees to determine if it could still fulfill its statutory duties
by Matt Carter Apr 18
Democrats question legality of Fannie, Freddie board purges
Less than 4 days after being confirmed as head of the mortgage giants' federal regulator, housing scion Bill Pulte fired 14 board members and made himself the chair of both companies
by Matt Carter Apr 16
Federal judge saves HUD fair housing grants from DOGE cuts
A federal judge has temporarily blocked the Department of Housing and Urban Development from canceling $30M in grants as Democratic lawmakers demand HUD edit its cost-cutting plans
by Marian McPherson Mar 27
Top Freddie Mac, FHFA executives dismissed in latest shakeup
Among those dismissed were Freddie Mac CEO Diana Reid and Head of Human Resources Dionne Wallace Oakley. FHFA COO Gina Cross and HR Director Monic Matthews were placed on leave
by Richelle Hammiel Mar 21
Waters, Warren sound alarm on HUD cost-cutting plan
Representative Maxine Waters (D-CA) and Senator Elizabeth Warren (D-MA) sent HUD Secretary Scott Turner a letter demanding that he halt plans to cut staff at the Office of Fair Housing and Equal Opportunity
by Marian McPherson Mar 17
National Flood Insurance Program set to expire at midnight March 14
As the March 14 debt ceiling deadline and potential government shutdown looms, Republican Sen. John Kennedy introduces bill to reauthorize the NFIP under its current form until Sept. 30
by Matt Carter Mar 6
Democrats weighing government shutdown to protest DOGE cuts
As March 14 debt ceiling deadline approaches, housing and mortgage finance industries brace for repercussions of DOGE cuts to HUD, FHA and Ginnie Mae workforce and programs
by Matt Carter Mar 4
NAR, Mortgage Bankers Association back CFPB nominee
The National Association of Realtors and several other housing groups urged Congress to confirm Consumer Financial Protection Bureau nominee Jonathan McKernan
by Marian McPherson Feb 25
Airbnb hosts leave site over co-founder’s DOGE work
Airbnb co-founder Joe Gebbia has pledged to work for the Department of Government Efficiency. Airbnb hosts aren’t happy about it
by Marian McPherson Feb 21
No, the Washington DC housing market isn't crashing amid layoffs
A social media frenzy suggested government layoffs are tanking the housing market in the nation's capital. But economists armed with data tell Inman it's mostly business as usual in DC
by Jim Dalrymple II Feb 20
DOGE claims to have 'recovered' $1.9B in 'misplaced' HUD funds
The Department of Government Efficiency (DOGE) claims HUD funds were earmarked for the administration of financial services that are no longer needed, the agency announced on X Friday
by Richelle Hammiel Feb 18
HUD to lay off approximately 4,800 employees under Trump plan
The US Department of Housing and Urban Development will eliminate half of its workforce as part of the Trump administration’s latest effort to reduce federal costs, it announced Thursday
by Richelle Hammiel Feb 14
Trump nominates Jonathan McKernan as director of CFPB
McKernan's prior roles include senior financial policy advisor for Sen. Bob Corker and posts with the Senate Committee on Banking, Housing, and Urban Affairs and the US Treasury
by Richelle Hammiel Feb 12