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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Today on Real Estate Backstage, Opendoor’s CEO resigns under pressure from investors … The latest inflation data provides mixed signals … Speculation grows over who will replace Jerome Powell as the next Chairman of the Federal Reserve … and changes are coming to mortgage “trigger leads.”

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Today on Real Estate Backstage, a weaker-than-expected jobs report shakes up the economic data, leading Trump to fire the head of the Bureau of Labor Statistics and increasing the odds of a Fed rate cut next month ... the U.S. housing market appears to be stalling ... "Accidental Landlords" are impacting the market ... and CoStar files a lawsuit against Zillow over copyright infringement.

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Today on Real Estate Backstage, the inflation ticks back up, leaving the Fed divided on whether to cut rates … LoanDepot finds itself in hot water over alleged violations of Reg Z … And proposed legislation seeks to end capital gains taxes on home sales.

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Today on Real Estate Backstage, the “Big Beautiful Bill” passes through Congress … Strong jobs reports for May and June show the labor market’s resiliency … Inflation continues to cool, but the Fed retains its “wait and see” posture … Housing starts fell 10% in May … Compass sues Zillow over its private listings ban … Opendoor conducts another round of layoffs, while agreeing to pay $39 million to settle a lawsuit with a group of investors … and the Secret Service warns of a cryptocurrency scam that has been targeting real estate agents.

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Today on Real Estate Backstage, NAR overturns its ‘no-commingling’ rule … Redfin shareholders vote to approve the $1.7 billion Rocket acquisition … international demand for U.S. real estate jumps … and an out of the box solution that could be the answer to the “lock-in” effect.

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