Trump pulls back from 401(k) use for down payments
Jan 26, 2026President Trump is said to have expressed reluctance to back penalty-free use of tax-advantaged 401(k) funds for down payments as...
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Most Recent Politics and policy News
Mortgage
Trump’s MBS buying plan sparks rally, long-term doubts
Jan 10, 2026If it comes to fruition, President Trump’s call for a $200 billion purchase of mortgage-backed securities could further tighten MBS...
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Mortgage
HUD says 50-year mortgage on table, industry eyes hurdles
Dec 30, 2025Scott Turner, U.S. secretary of Housing and Urban Development. Aaron Schwartz/Bloomberg The beleaguered 50-year mortgage is one of many housing...
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Mortgage
Warren seeks records on ‘zombie’ second mortgages after crisis
Dec 22, 2025A key Senate leader is requesting records surrounding the cancellation of second mortgages following the Great Financial Crisis and asking...
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Mortgage
Fannie Mae, Freddie Mac to see new tech partnerships: Pulte
Nov 8, 2025Bill Pulte said the government-sponsored enterprises will see partnerships emerge as he eyes their money-making potential, while also upping criticism...
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Mortgage
FHFA inspector general is gone amid wider changes
Nov 4, 2025The inspector general of the Federal Housing Finance Agency has reportedly been ousted, leaving vacant a key internal overseer. Acting...
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Mortgage
Fannie Mae cutting 62 positions: FHFA Director Bill Pulte
Oct 31, 2025Fannie Mae has staged a new round of layoffs impacting 62 people viewed as working in noncore functions, according to...
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Mortgage
Fannie Mae names Akwaboah acting CEO, replacing Almodovar
Oct 23, 2025Fannie Mae Chief Operating Officer Peter Akwaboah has added the acting CEO title following the departure of Priscilla Almodovar, the...
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Mortgage
Trump calls on Fannie Mae, Freddie Mac to help homebuilders
Oct 7, 2025President Donald Trump called on Fannie Mae and Freddie Mac to boost homebuilders and help “restore the American Dream” in...
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Mortgage
Trump eyes firing thousands of federal workers over shutdown
Oct 3, 2025President Donald Trump is weighing slashing “thousands” of federal jobs ahead of a meeting with his budget director, Russell Vought,...
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