Author name: Ricky Vasquez

CFPB director-designate Brian Johnson clears Senate Banking

Key insight: Brian Johnson, President Donald Trump’s pick to lead the Consumer Financial Protection Bureau, has been criticized by Senate Democrats for his close links to regulated firms.  Forward look: Johnson will likely be approved by the full Senate on a party-line vote.  What’s at stake: Johnson will lead the agency at a time when […]

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A worker on a new home under construction

US housing starts drop unexpectedly on multifamily projects

New U.S. residential construction declined unexpectedly in August to one of the weakest paces since the pandemic, reflecting a plunge in starts of multifamily projects. Processing Content Housing starts decreased 2.6% to an annualized rate of 1.28 million, according to federal government data released Thursday. The median forecast in a Bloomberg survey of economists was

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Steve Majerus American Pacific Mortgage

Lenders share their roadblocks and tailwinds in scaling

Major industry players are revealing their approaches to challenges they face in scaling operations and pursuing efficiencies.  Processing Content American Pacific Mortgage President Steve Majerus, who sits at the helm of one of the largest retail shops in the country, said he is frustrated with “single solution” vendors that fail to think bigger.  American Pacific

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