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Trump’s GSE exit pursuit is complicated (and could be costly)

May 22, 2025 by bp56691
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.
Categories Department of the Treasury, Donald Trump, Fannie Mae, Freddie Mac, GSE Reform, HWmember, Keefe, Bruyette & Woods, Mortgage, Regulatory, Trump Administration

Trump says he’s giving “serious consideration” to releasing Fannie Mae, Freddie Mac

May 21, 2025 by bp56691
President Trump said he would be making a decision on releasing Fannie Mae and Freddie Mac from conservatorship “in the near future.”
Categories Bill Pulte, Conservatorship, Donald Trump, FHFA, GSE Reform, GSEs, HWmember, Mortgage, Politics, Regulatory

Where land-use regulations are driving up housing costs

May 21, 2025 by bp56691
Where land-use regulations are driving up housing costs
The federal government has few options for addressing housing costs because most land-use regulations are administered at the local level.
Categories Affordability, Altos, Construction, Data & Visuals, Home Prices, Housing Market, HWmember, Regulatory, Regulatory Compliance

Fraud, mismanagement led to millions in losses for Houston Housing Authority

May 21, 2025 by bp56691
The Houston Housing Authority’s plan to install air conditioning in rental units has led to millions of dollars in losses.
Categories Housing Market, Houston, HWmember, Public Housing, Regulatory, Rental Properties, Texas

CFPB seeks rescission of pandemic-era mortgage servicing rule

May 16, 2025 by bp56691
The CFPB says the rule it’s seeking to rescind is no longer necessary due to the end of the COVID-19 national emergency.
Categories CFPB, Compliance, HWmember, Mortgage, Mortgage Servicing, Real Estate Settlement Procedures Act, Regulatory, Servicing

HUD secretary defends repeal of fair housing rule

May 12, 2025 by bp56691
The rule required local governments to analyze housing patterns for racial and economic disparities and submit corrective plans to HUD.
Categories Discrimination, Fair Housing, Housing Market, HUD, HWmember, National Fair Housing Alliance, Politics, Regulatory, Regulatory Compliance, Scott Turner, Trump Administration

House bill calls for bigger SALT tax breaks

May 12, 2025 by bp56691
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.
Categories Donald Trump, Homeownership, Housing Market, Politics, Regulatory, Tax, Trump Administration

Realtors clash over NAR speech code

May 2, 2025 by bp56691
Critics argue that the code violates free speech rights, while supporters say it’s needed to uphold ethical standards.
Categories DEI, HWmember, LGBTQ, national association of realtors, Real Estate, Real Estate Agents, Regulatory, Texas

Inside the Trump administration’s plans to gut the CFPB

April 21, 2025 by bp56691
Inside the Trump administration’s plans to gut the CFPB
HousingWire has obtained details of the planned mass layoff at the CFPB, which would see some divisions shrink dramatically or cease to exist.
Categories CFPB, Consumer Financial Protection Bureau, HWmember, LendingLife, Mortgage, Mortgage and Housing Layoffs, Regulatory, Trump Administration

The CFPB announces sweeping job cuts: up to 90% gone

April 18, 2025 by bp56691
An email sent to employees outlined the agency’s new focus, noting that it would be shifting its focus away from its supervisory roles
Categories CFPB, HWmember, Mortgage, Mortgage and Housing Layoffs, Regulatory, Trump Administration
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