Today on Real Estate Backstage, mortgage rates drop to their lowest level of the year after a weak jobs report … Mr. Cooper shareholders voted to approve the Rocket acquisition … and the DOJ launches a criminal investigation into Fed Governor Lisa Cook.

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Today on Real Estate Backstage, Fed Governor Lisa Cook files a lawsuit against Donald Trump after his attempt to remove her from her position on the FOMC … an appeals court rejects the legal basis for many of Trump’s “reciprocal tariffs” … and a judge actually sides with a property manager over a tenant in an ESA lawsuit.

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Today on Real Estate Backstage, Donald Trump signs an Executive Order to pave the way for direct investments in real estate to be included in 401(k)s … A Federal Appeals Court gives the green light for the CFPB to shed 90% of its workforce … Jerome Powell hints at upcoming rate cuts … and Summer sales hit their slowest pace in 10 years.

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