The Consumer Financial Protection Bureau (CFPB) is creating a public database to identify nonbank financial companies that violate consumer laws, aiming to avoid recidivism trends.  On Monday, the U.S. consumer financial watchdog announced that it finalized a rule establishing the new registry. It r

Mortgage rates decided to bounce back into the 7s this week. We can see an impact in that immediately as home sales are slowing down. These are the homes that go into contract immediately after listing. We also see new pending sales slowing and price reductions ticking up.The most notable thing in t

MoxiWorks, a real estate technology platform for agents, announced Monday that longtime CEO York Baur will be stepping down as CEO and Eric Elfman will replace him. Baur will remain on the company’s board of directors.Elfman will lead all aspects of the company. His focus will be ”improving the agen

Voters in the state of California will not be voting on an amendment to their state constitution this fall that would’ve removed a controversial public housing provision from the governing document, according to lawmakers who spoke with Politico.Article 34, a provision in the California Constitution