FHFA clarifies key VantageScore 4.0 implementation questions
A week after the initial announcement, FHFA Director Bill Pulte answered several key questions about the implementation of VantageScore 4.0.
Regulatory
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Trump administration ‘effectively disbands’ the PAVE task force
The Trump administration announced Thursday that it has ended the major policy provisions of the Biden-era PAVE task force.
HUD offers foreclosure relief to Texans saddled by floods
The 90-day moratorium bars foreclosures on FHA-insured mortgages in Kerr County’s federally declared disaster area.
FHA seeks input on buy now, pay later lending
The Federal Housing Administration (FHA) has opened a request for information on buy now, pay later (BNPL) lending as it seeks to understand its implications for housing affordability and stability.
State AGs oppose HUD’s plan to roll back fair housing marketing rules
The proposed rule would eliminate federal requirements prohibiting discriminatory marketing of affordable housing.
NAMB issues support for CHLA white paper on LO compensation
NAMB’s letter said that the association opposes the current “rigid” interpretation of loan originator compensation regulations.
HUD announces three senior leadership additions
Friday’s staff appointments followed the swearing-in of Andrew Hughes, the former HUD chief of staff, as deputy secretary.
FHA rescinds 12 policies as Trump administration pushes to cut red tape
Scott Turner, the secretary of the U.S. Department of Housing and Urban Development (HUD), which oversees the FHA, said in a statement that the rescissions are “bold, necessary and long overdue.”
FHFA Director Bill Pulte says arrested Freddie Mac would-be bomber still contacting him
FHFA Director Bill Pulte said a fired Freddie Mac employee who was arrested in March for threatening to blow up the Freddie Mac building has continued to contact him.
Trump’s assault on DEI hasn’t ended federal efforts to stop appraisal bias
While the Trump administration has rolled back many regulations around appraisal bias, some remain in place.