Democrats question legality of Fannie, Freddie board purges
Less than 4 days after being confirmed as head of the mortgage giants' federal regulator, housing scion Bill Pulte fired 14 board members and made himself the chair of both companies
by Matt Carter Apr 16
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
Democrats weighing government shutdown to protest DOGE cuts
As March 14 debt ceiling deadline approaches, housing and mortgage finance industries brace for repercussions of DOGE cuts to HUD, FHA and Ginnie Mae workforce and programs
by Matt Carter Mar 4
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
Fannie Mae and Freddie Mac prep for privatization in Trump 2nd term
President Trump has promised to release Fannie Mae and Freddie Mac from its 16-year conservatorship. However, the road to privatization may be more perilous than expected
by Marian McPherson Jan 23
Trump's HUD seeks to eliminate climate change and bias initiatives
President Trump's 2nd term is a chance to overturn Obama-era housing discrimination policies. Housing advocates fear Trump will succeed, undermining 56 years of fair housing progress
by Marian McPherson Jan 22
Trump nominates homebuilder scion to oversee Fannie, Freddie
The grandson of PulteGroup founder William J. Pulte, Bill Pulte is a private equity CEO, philanthropist and Trump loyalist with 3M followers on X
by Matt Carter Jan 16
Forecasters see strong economy keeping a lid on 2025 home sales
According to Inman's 2025 economic outlook, a soft landing for the economy would mean home prices keep rising and mortgage rates settle in at around 6%, with sales varying widely by region
by Matt Carter Dec 30
Biden proposes $5K tax credit for first-time buyers in SOTU address
The set of new housing initiatives also includes a 1-year tax credit of up to $10K to households that sell their starter home. NAR applauded the president's commitment to aiding the industry
Airbnb launches new council to address US housing crisis
The Airbnb Housing Council will advise the home-sharing company on policies and initiatives it can support to combat housing affordability and inventory issues
by Ben Verde Jan 19