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HUD

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Could government funding scrutiny come for reverse mortgage programs?

February 12, 2025 by bp56691
Reverse mortgage programs have performed well recently, according to HUD reports, but the Trump administration is bringing added scrutiny.
Categories Elon Musk, FHA, Ginnie Mae, Government Lending, HUD, HWmember, Regulatory, Reverse, Scott Turner, Trump Administration

Legal experts weigh in on the CFPB and the future of regulation

February 12, 2025 by bp56691
What will the CFPB look like under new director Jonathan McKernan? Legal experts weigh in on the federal and state regulatory environment.
Categories CFPB, Dodd-Frank, HUD, HWmember, Politics, Regulatory, Scott Bessent, Title

What awaits new HUD Secretary Scott Turner?

February 5, 2025 by bp56691
What awaits the new HUD Secretary, Scott Turner, President Trump’s former White House Opportunity Zone czar and NFL star?
Categories Fair Housing, FHA, Ginnie Mae, Housing Market, HUD, Manufactured Housing

New York bill would require reverse mortgage lenders to strengthen consumer disclosures

February 4, 2025 by bp56691
A New York state senator’s bill seeks to require lenders to offer more comprehensive reverse mortgage information to borrowers at least five days before closing.
Categories FHA, HECM, HUD, HWmember, New York, New York State Legislature, Regulatory, Reverse

Updated list of all Trump’s actions that impact housing

February 1, 2025 by bp56691
Here are the actions the Trump administration or Congress have taken that impact housing since President Trump took office on Jan. 20, 2025.
Categories CFPB, Donald Trump, FHFA, Housing Market, HUD, Regulatory

Hawaii bill would establish state-run reverse mortgage program

January 31, 2025 by bp56691
The bill aims to address the rising cost of homeownership for older Hawaiians, or “kupuna,” and features nine sponsors in the legislature.
Categories FHA, Hawaii, HECM, HUD, HWmember, Regulatory, Reverse

Judge grants delay in TCB suit against Ginnie Mae as government seeks summary judgment

January 29, 2025 by bp56691
The government seeks summary judgment, saying that a prior ruling from the presiding judge is ‘fatal’ to TCB’s remaining claims.
Categories Ginnie Mae, HECM, HMBS, HUD, HWmember, Lawsuit, Legal, Reverse, Reverse Mortgage Funding, Texas Capital Bank

What will happen to HMBS 2.0 under Trump’s regulatory freeze?

January 23, 2025 by bp56691
HMBS 2.0 could make a big difference for reverse mortgage securities issuers, but a lack of concrete information leaves an implementation timeline unclear.
Categories FHA, Ginnie Mae, HMBS, HUD, HWmember, Mortgage Bankers Association, NRMLA, Regulatory, Reverse, Senate

Trump’s executive orders and the policies that could affect housing

January 20, 2025 by bp56691
What are President Trump’s priorities for housing in his second term? We look at his Day 1 executive orders and other actions for the answer.
Categories CFPB, Donald Trump, FHFA, Housing Market, HUD, Regulatory

Lawmakers, housing groups react to Scott Turner’s HUD confirmation hearing

January 18, 2025 by bp56691
Lawmakers and housing trade groups reacted to Scott Turner’s confirmation hearing to lead HUD, with many saying they’re poised to work with him on housing issues.
Categories Community Home Lenders Association, Donald Trump, Elizabeth Warren, FHA, HUD, HWmember, Mortgage, Regulatory, Trump Administration, U.S. Senate
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