Trump signs law banning trigger leads
President Donald Trump on Friday signed the Homebuyers Privacy Protection Act (H.R. 2808), establishing a nationwide ban on the abusive use of trigger leads beginning in March 2026.
Mortgage Bankers Association
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MBA opposes GSE merger, supports explicit government guarantee
In the debate over whether Fannie Mae and Freddie Mac should merge, the Mortgage Bankers Association (MBA) has remained consistent: “We don’t think that would be a good idea,” chief economist Mike Fratantoni said.
House passes abusive trigger leads ban
A final rule is expected by the end of 2025.
Competition for HELOC business heats up as home equity grows
MBA panelists highlighted the chance for loan officers to originate more HELOCs and other second-lien mortgages as the housing market sags.
MBA and NHC express support for housing provisions in GOP tax bill
MBA and NHC found much to support in the draft of the GOP tax bill, but they also noted areas for improvement as the debate continues.
More home sellers and home sales in May
The risk for this market is mortgage rates going higher. Even as the stock market has rebounded, the bond market has kept rates high.
Lenders witness surge of mortgage demand this week
New American Funding’s Patty Arvielo shared that Tuesday was NAF’s best day for applications in three years. Can it continue?
House to hold key session on trigger leads bill in May
The Homebuyers Privacy Protection Act is expected to be considered during a markup session on May 20 — a process that determines whether a bill should be recommended for a full House vote and in what form.
House introduces bill to reduce mortgage insurance premiums
Trade groups like the Mortgage Bankers Association (MBA) may be getting at least some of the relief they’ve been advocating for when it comes to mortgage insurance premiums.
CFPB freezes nonbank registry rule after industry pushback
The CFPB is rescinding a rule that required nonbank financial services providers to register with a new federal database.