Federal judge saves HUD fair housing grants from DOGE cuts
A federal judge has temporarily blocked the Department of Housing and Urban Development from canceling $30M in grants as Democratic lawmakers demand HUD edit its cost-cutting plans
by Marian McPherson Mar 27
FHFA gutting Fannie, Freddie minority homeownership programs
Flood of orders published without explanation on social media target programs and practices designed to boost lending in minority communities, protect borrowers from deceptive practices
by Matt Carter Mar 26
Trump's FHFA could rein in Fannie and Freddie's high-end lending
Cutting the mortgage giants' $806.5K conforming loan limit could relieve pressure on home prices, but leave more homebuyers seeking jumbo mortgages at higher rates from private lenders
by Matt Carter Mar 25
US could sweep Fannie, Freddie stakes into sovereign wealth fund
Some experts are intrigued by the idea floated by Treasury Secretary Scott Bessent, saying it could help put the mortgage giants on sound footing without boosting mortgage rates
by Matt Carter Mar 24
Broker fights to keep Nevada brick-and-mortar mandate lawsuit in play
Online discount broker Derek Eisenberg is fighting to keep his lawsuit against Nevada's real estate and business commissions in play after the defendants asked the court to dismiss the suit
by Marian McPherson Mar 21
Trump administration lifts FHA appraisal bias protections
Lenders are no longer under orders to keep a sharper lookout for appraisal bias or have a process for helping borrowers who suspect appraisal bias to ask for a 'reconsideration of value'
by Matt Carter Mar 21
Pulte chair of Fannie, Freddie after 14 board members are purged
Less than a week after being confirmed by the Senate to lead the FHFA, homebuilder scion Bill Pulte launches a campaign to cut alleged wasteful spending at the mortgage giants
by Matt Carter Mar 18
Bill Pulte confirmed to lead Fannie and Freddie's federal regulator
Mortgage industry groups support the Trump administration's picks to lead the FHFA and CFPB, but questions remain about the prospects for dramatic policy shifts at the agencies
by Matt Carter Mar 14
National Flood Insurance Program set to expire at midnight March 14
As the March 14 debt ceiling deadline and potential government shutdown looms, Republican Sen. John Kennedy introduces bill to reauthorize the NFIP under its current form until Sept. 30
by Matt Carter Mar 6
Rocket Homes off the hook as Trump's CFPB drops lawsuits
Dec. 23 RESPA complaint that accused Rocket Homes of favoring real estate agents who steered clients to Rocket Mortgage is dismissed 'without prejudice' by the CFPB's new leadership
by Matt Carter Feb 27
DOGE's moves could destabilize mortgage finance system
National Housing Conference CEO David Dworkin, a centrist advocate for affordable housing stakeholders, warns of unintended consequences of downsizing of HUD, FHA and Ginnie Mae
by Matt Carter Feb 24
CFPB is latest target of Trump's downsizing government campaign
Congressional Democrats vow to fight moves to 'unlawfully delete this popular consumer watchdog that enjoys the broad bipartisan support of 4 out of 5 Americans'
by Matt Carter Feb 10
Democrats reintroduce bill to expose rental algorithms
Minnesota Senator Amy Klobuchar has reintroduced the Preventing Algorithmic Collusion Act, inspired by the Department of Justice’s RealPage investigation
by Marian McPherson Feb 6
Will HUD Secretary Scott Turner be good for housing?
Opinion
Broker and former US Senate legislative correspondent Cara Ameer offers issue-by-issue analysis of the confirmation hearing for Scott Turner, newly confirmed as HUD Secretary
by Cara Ameer Feb 5
Wells Fargo closes 2 more consent orders in quest to shed asset cap
Getting out from under $1.95T cap would allow bank to grow its deposit base, providing more room on the balance sheet to originate jumbo mortgages too big for Fannie and Freddie
by Matt Carter Feb 4
Homebuilders warn they're facing a 40% tariff on Canadian lumber
In renewing a call that building materials be exempt from tariffs, trade group notes that more than 70% of imported softwood lumber and gypsum used for drywall comes from Canada and Mexico
by Matt Carter Feb 3