Morning Roundup (4/15/25) – Car Life For Students
| Good Morning! Today is Tuesday, April 15. President Trump hit Harvard with a $2.3 billion funding freeze after the elite college rejected his demands. El Salvador’s president and Trump said they would not return a man who was wrongly deported. Harvey Weinstein is being retried in New York for alleged sex crimes. The Mortgage Note Reports Housing Crisis: A proposed bill that would allow college students in California to sleep in their vehicles highlights how unattainable housing is for young adults. Editor Kimberley Haas has the story. Tech Forward: Though most lenders offer digital closings, very few have been able to utilize the tech completely and want to work toward greater adoption this year. GSE Update: A Trump business ally is joining Fannie Mae’s Board of Directors as the administration continues to weigh the privatization of the GSEs. |
| Quote Of The Day “This isn’t about protecting consumers. It’s about protecting Zillow’s ability to profit from your listings by selling your leads to competing agents.” CoStar CEO Andy Florance on Zillow’s Private Listing Ban |
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In other mortgage and housing news… Follow Suit: Redfin is following Zillow’s lead and banning some private listings on its portal, while Homes.com’s CEO decried the move. Be Aware: The Boston FBI reported a “steady increase” in title theft in the area and is warning property owners to stay alert. Info Wars: Officials working with the DOGE are pushing agencies to turn over information on where immigrants work, study, and live to remove them from jobs and housing. Leadership Change: First American elevated a new CEO, Mark E. Seaton, after Ken DeGiorgio was arrested for allegedly choking a man on a cruise ship. Company News: Class Valuation named Chris Flynn its chief data officer; FintechVendors.com offers a free-to-use directory of over 4,400 fintech vendors. New World: Later life milestones are reshaping housing trends, but these changes in family formation will offer opportunities in both the homebuying and rental markets. |