Most Recent Politics and policy News

Mortgage trade groups back call for updates to Basel III

Mortgage trade groups back call for updates to Basel III

A consortium of mortgage and banking trade groups is voicing support for changes to a capital risk framework governing depository...

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NAMB outlines 4-part housing affordability fix

NAMB outlines 4-part housing affordability fix

An integrated solution involving four key areas needs to come to fruition in order to solve the affordable housing crisis,...

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MBA, lenders rally behind Housing for 21st Century Act

MBA, lenders rally behind Housing for 21st Century Act

As the House prepares to vote next week on the Housing for the 21st Century Act, mortgage industry groups are...

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CFPB accused of siding with credit bureaus on complaints

CFPB accused of siding with credit bureaus on complaints

The Consumer Financial Protection Bureau wants to make it more difficult for Americans to file complaints against the three major...

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Trump pulls back from 401(k) use for down payments

Trump pulls back from 401(k) use for down payments

President 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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Trump’s MBS buying plan sparks rally, long-term doubts

Trump’s MBS buying plan sparks rally, long-term doubts

If 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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HUD says 50-year mortgage on table, industry eyes hurdles

HUD says 50-year mortgage on table, industry eyes hurdles

Scott 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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Warren seeks records on ‘zombie’ second mortgages after crisis

Warren seeks records on ‘zombie’ second mortgages after crisis

A key Senate leader is requesting records surrounding the cancellation of second mortgages following the Great Financial Crisis and asking...

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Fannie Mae, Freddie Mac to see new tech partnerships: Pulte

Fannie Mae, Freddie Mac to see new tech partnerships: Pulte

Bill 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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FHFA inspector general is gone amid wider changes

FHFA inspector general is gone amid wider changes

The inspector general of the Federal Housing Finance Agency has reportedly been ousted, leaving vacant a key internal overseer.  Acting...

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