CFPB enforcement head resigns, citing ‘no intention to enforce the law’
Cara Petersen, the acting CFPB enforcement director, has resigned, citing a lack of intention to “enforce the law in any meaningful way.”
Donald Trump
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How the Trump/Musk dispute could influence mortgage rates
How could the public fight between President Trump and Elon Musk impact mortgage rates? Lead Analyst Logan Mohtashami looks at three factors.
Mat Ishbia: GSEs acting ‘private’ in conservatorship could be best of both worlds
Mat Ishbia, president and CEO of United Wholesale Mortgage, is confident that if ending the conservatorship results in higher rates, it’s unlikely the government will move forward with it.
Mortgage rates unfazed by crazy economic headlines
Mortgage rates remained relatively stable last week, which is a stark contrast to the madness caused by the Godzilla tariffs a few weeks ago.
Federal Court blocks Trump’s ‘Liberation Day’ tariffs
A three-judge panel issued the decision Wednesday, siding with plaintiffs who argued that Trump’s use of tariffs violated U.S. law.
Trump: I’m taking Fannie and Freddie ‘public’ with implicit guarantee
President Trump said he is working on taking Fannie Mae and Freddie Mac public and the implicit guarantee would remain.
Bessent weighs mortgage rate risk in potential release of GSEs from conservatorship
Bessent understands that any transition of Fannie Mae and Freddie Mac out of conservatorship must not increase mortgage rates.
Trump’s GSE exit pursuit is complicated (and could be costly)
Removing the government-sponsored enterprises (GSEs) from conservatorship after 16-plus years would be a complicated endeavor. And if they’re not removed carefully, costs for borrowers could spike.
Trump says he’s giving “serious consideration” to releasing Fannie Mae, Freddie Mac
President Trump said he would be making a decision on releasing Fannie Mae and Freddie Mac from conservatorship “in the near future.”
House bill calls for bigger SALT tax breaks
The new SALT provision would raise the cap to $30,000 for those with a modified adjusted gross income of $400,000 or less, up from the current $10,000 limit.