Adriana D. Kugler, who helps set interest rates, resigns as Fed governor

The Federal Reserve Board announced on Friday that Adriana D. Kugler will step down from her position as governor. Kugler, whose term was set to expire at the end of January 2026, joined the board of governors in September 2023 after being nominated by former President Joe Biden. She submitted her l
Read MoreMortgage rate mythbusting: Destroying the most common misconceptions

Bad takes about mortgage rates spread faster than wildfire — especially when they come from politicians or go viral on X. But when these narratives are misleading or flat-out wrong, they don’t just confuse consumers. They erode trust in our industry and inject unnecessary chaos into an already compl
Read MorePreliminary injunction hearing in Compass v. Zillow to begin in late November

Compass and Zillow are taking their legal battle to the courtroom. On Thursday, Judge Jeannette A. Vargas, a New York City-based U.S. District Court judge, ruled that the evidentiary hearing for Compass’s motion for a preliminary injunction in its suit against Zillow will begin on November 18, 2025,
Read MoreTrump meets with big bank CEOs to talk about taking the GSEs public: Bloomberg

President Donald Trump appears to be taking another step to bring Fannie Mae and Freddie Mac out of conservatorship, according to reporting by Bloomberg on Thursday. The president has invited the leaders of some of the country’s biggest banks, including JP Morgan Chase CEO Jamie Dimon, Goldman Sachs
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