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 (
Read MoreBright 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
Read MorePennymac TPO offers temporary relief on credit report fees

Pennymac TPO is waiving a $99 credit report fee charged at closing for loans submitted through its POWER+ portal in December, the lender announced Wednesday. “Qualified credit report fee waivers will be paid by Pennymac at closing—no action required by the partner,” the company said in a notice to b
Read MoreHomebuilders turn to digital pre-sales to drive buyer confidence

From Want-To to Yes: How Digital Pre-Sales Became the Only Path Forward Buying a new home has never been a “must.” Even when life events prompt people to move, choosing new construction is a want-to decision that depends on confidence and clarity. And that’s true more so now than almost any time in
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