Luke Sharrett/Bloomberg The ongoing tariff-impacted rise of material and service prices, alongside challenging credit conditions, are a double whammy hitting residential construction, according to analysis from the National Association of Home Builders. Prices for goods and services used in residential construction came in 2.8% higher in July on an annual basis, marking the largest increase […]

Andrew Harrer/Bloomberg Two consumer groups are urging Federal Housing Finance Agency Director William J. Pulte to abandon his directive that Fannie Mae and Freddie Mac explore counting cryptocurrency holdings as reserves in single-family mortgage underwriting. In a letter sent Thursday, the Consumer Federation of America and the National Consumer Law Center said the move, which

Russ Vought, acting director of the Consumer Financial Protection Bureau, is also the director of the Office of Management and Budget.Al Drago/Bloomberg In a major win for the Trump administration, a federal appeals court on Friday ruled against the Consumer Financial Protection Bureau’s union, allowing the bureau’s acting Director Russel Vought to fire up to