Bipartisan duo begin public listening process for reauthorizing HOME, CDBG programs
Reps. Mike Flood and Emmanuel Cleaver are seeking public and stakeholder input on the possible reauthorization of two key HUD programs.
Mortgage
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Pulte says he’s canceled $6.4M in “DEI nonsense” at Fannie and Freddie
Bill Pulte posted multiple times Monday on X about rescinding DEI policies at FHFA, and sounded off on his view of the GSEs.
Reports: Fannie Mae lays off 700 employees
Reports suggest that 700 people were laid off at Fannie Mae last Thursday and Friday, but no official announcements have been issued.
Lower mortgage rates are spurring housing demand
Without the recent tariff developments, the 10-year yield would not have dipped below 4% and mortgage rates would be higher.
Mortgage software firm RETR hires two executive leaders
Heidi Iverson is the company’s new vice president of growth and Anthony Savala is the new vice president of sales. Both are joining the firm effective April 7, RETR co-founder and CEO Steven Wynands said.
The lean, mean (illegal?) 1099 LO machine
A revealing look into the high-stakes (and legally murky) world of 1099 loan officers, recruiter tactics, and what some see as a blatant end-run around LO Comp rules.
Mat Ishbia’s unfiltered thoughts on the Rocket-Mr. Cooper deal
What does UWM’s Mat Ishbia think about Rocket Companies’ pending $9.4 billion deal for Mr. Cooper? “It’s fantastic,” he said.
Dave Lykken explores the boom-bust mortgage cycle
In the newest episode of the Power House podcast, mortgage industry veteran Dave Lykken joins host Diego Sanchez live from HousingWire’s Housing Economic Summit.
Federal judge orders CFPB to reinstate terminated employees
Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia issued her ruling in conjunction with a lawsuit brought by the National Treasury Employees Union.
Federal banking agencies seek to rescind 2023 CRA rule
The Federal Reserve, OCC and FDIC say they intend to restore the framework of the Community Reinvestment Act to its prior state.