Independent work plays a significant role in the global economy, especially in the real estate industry in the United States. Protecting the ability of real estate professionals to be classified as independent contractors remains a priority for the National Association of Realtors® (NAR), given that 89% of real estate agents are currently classified as independent…

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The acting inspector general of the Federal Housing Finance Agency (FHFA), aka the organization’s “internal watchdog” who polices waste, fraud and abuse, has been removed from his position, as reported by Reuters. The FHFA website now designates the position as vacant. Joe Allen is the latest in a chain of several other watchdogs who have…

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Editor’s Note: The RISMedia series Legislative Round-Up looks at pending and passed federal and state-level legislation that impacts real estate professionals. Road to Housing bill passes Senate On Friday, October 10, 2025, the U.S. Senate passed the Road to Housing Act as part of a larger legislative package. The bipartisan bill is a comprehensive housing…

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At the September Federal Open Market Committee (FOMC), where interest rates were cut by 25 basis points, newly appointed Federal Reserve Governor Stephen Miran dissented and voted for a larger interest rate cut of 50 points.  Miran has since called for further rate cuts. Today, at a moderated interview at the Managed Funds Association’s Policy…

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