Trump Nominates Brian Johnson to Lead CFPB: A Strong Choice, But Is There Another Reason for the Timing?
From a qualifications standpoint, Johnson appears to be an exceptionally strong choice. He is no stranger to the CFPB, having previously served in senior leadership positions at the Bureau from December 2017 until March 2020, including as Acting Deputy and then Deputy Director for a majority of that period.
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Statewide Abstract Expands Regional Operations with Acquisition of RG Title Agency
Statewide Abstract announced on June 4 that it had acquired RG Title Agency, a long-standing title insurance agency based in Peekskill that has been serving the New York real estate community since 1956. The acquisition marks a significant milestone in Statewide Abstract's continued growth strategy and further strengthens the company's position as a leading provider of title insurance and settlement services throughout the New York metro region, company officials stated.
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Stocks sink as worries about an interest rate hike rattle tech investors
Major stock indexes fell sharply Friday after a strong jobs report set the stage for the Federal Reserve to hike rates, rattling shares of companies that are involved in sky-high artificial intelligence investments. The threat of higher interest rates often sends stocks lower because borrowing money, especially the large sums that AI firms are borrowing, becomes more expensive.
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Chicago real estate feud boils over as MLS shuts down Zillow's data access
A massive feud between Zillow and local industry leaders erupted after Chicago's major multiple listing service cut off the aggregator's data access, causing thousands of local home listings to suddenly vanish from the platform. In an ultimate rebellion against artificial intelligence in the lucrative business of dream homes and rental apartments, Zillow, the real estate data aggregator, now has fewer followers in Chicago and Illinois.
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Modification of Restrictive Covenants in New York
New York has enacted Real Property Law § 327-a, effective June 3, 2026, which imposes new obligations on sellers, common interest communities and property owners to address historical discriminatory restrictive covenants in recorded documents. These covenants, which may be found in older deeds, declarations or subdivision documents, purport to restrict ownership or occupancy based on protected characteristics such as race, religion or national origin.
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