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.
Politics
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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 passes bill to give VA borrowers a partial mortgage claim option
The House passed a bill by voice vote, with begrudging bipartisan support, that offers veterans a partial claim option for VA home loans.
HUD approves Asheville’s hurricane recovery plan after initial objection over DEI
The city’s $225M recovery plan, initially rejected by HUD over DEI concerns, is one step closer to being fulfilled.
HUD secretary defends repeal of fair housing rule
The rule required local governments to analyze housing patterns for racial and economic disparities and submit corrective plans to HUD.
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.
Why federal support for tiny homes could be a game changer
San Francisco-based DignityMoves is pushing for broader support on what its founder and CEO Elizabeth Funk calls “interim supportive housing.”
Trump wants to cut rental assistance. His first-term budget requests show he’s serious
The Trump administration released an outline for its 2026 federal budget proposal on Friday — and it calls for steep cuts to HUD programs.
HUD secretary open to withholding federal funding from cities over homelessness
Turner said that withholding federal funds from cities failing to show progress on homelessness “may be a good idea.”
Democratic senator open to working with HUD on federal land for housing
Sen. Ruben Gallego wants to work with HUD and the DOI on its efforts to develop housing on federal land, but wants more information.