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Lisa Cook loan docs listing ‘vacation home’ seem to undermine mortgage fraud claims

September 13, 2025 by bp56691
The loan estimate for an Atlanta condo Cook bought in 2021 shows that Cook declared the property a “vacation home,” not a primary residence.
Categories Bill Pulte, Federal Reserve, HWmember, Jerome Powell, Mortgage, Mortgage Fraud, Politics, Regulatory

Commerce Secretary Lutnick says Fannie, Freddie IPO ‘could well be this year’

September 12, 2025 by bp56691
Lutnick appeared on CNBC to offer comments about the plans and said the offering “could potentially be the largest IPO in history.”
Categories Conservatorship, Department of Commerce, Fannie Mae, Freddie Mac, GSE Reform, GSEs, HWmember, IPO, Mortgage, Regulatory, Trump Administration

Top 5 IMB priorities for GSEs in a post-conservatorship world

September 8, 2025 by bp56691
Given the Trump administration’s goal of releasing the GSEs from conservatorship, the CHLA outlines five key priorities for IMBs.
Categories Community Home Lenders of America, Fannie Mae, Freddie Mac, GSE Reform, GSEs, Opinion, Origination, Regulatory

Trump signs law banning trigger leads

September 5, 2025 by bp56691
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.
Categories Donald Trump, HWmember, Lead Generation, LendingLife, Mortgage, Mortgage Bankers Association, NAMB, Origination, Regulatory, Trump Administration

FTC revisits noncompete rules after Biden-era ban blocked

September 4, 2025 by bp56691
The Federal Trade Commission (FTC) on Thursday issued a public request for information on noncompete agreements as it seeks to identify practices it considers “unfair” and “anticompetitive.”
Categories Federal Trade Commission, HWmember, LendingLife, Mortgage, Regulatory, Regulatory Compliance, Trump Administration

HUD moves to bar non-permanent residents from Section 184 tribal loan program

September 4, 2025 by bp56691
The U.S. Department of Housing and Urban Development (HUD) has revised residency requirements for the Section 184 Indian Housing Loan Guarantee program to exclude non-permanent resident aliens.
Categories HUD, HWmember, Mortgage, Regulatory, Regulatory Compliance, Scott Turner, Tribal housing

Does the trigger leads bill opt-in provision wave goodbye to competition?

August 29, 2025 by bp56691
The industry debate heats up as trigger leads crackdown raises questions about consumer protection and market power.
Categories Consumer Protection, HWmember, IMBs, Lead Generation, Mortgage, Mortgage Broker, Regulatory, Retail Lending

Experts offer multi-faceted solutions to the housing supply shortage

August 27, 2025 by bp56691
A trio of housing experts discuss proposals to lift zoning regulation to spur supply — and legislation aiming to help first-time homebuyers.
Categories Affordability, BlackRock, First-Time Homebuyers, Gen Z, Housing Inventory, Housing Market, HWmember, Investors, Millennials, NAHB, Real Estate, Regulatory, Urban Institute, Virginia, Zoning

FHFA clears Rocket’s $9.4B acquisition of Mr. Cooper, with safeguards

August 26, 2025 by bp56691
Despite clearing approval, FHFA underscores need to limit counterparty risk and preserve mortgage market stability.
Categories Fannie Mae, FHFA, Freddie Mac, HWmember, LendingLife, Mergers and Acquisitions, Mortgage, Mr. Cooper, Mr. Cooper Group, Regulatory, Rocket Companies, Rocket Mortgage

Is the real estate industry getting its antitrust enforcement wish? 

August 22, 2025 by bp56691
Many real estate professionals hoped for weaker antitrust scrutiny from a Trump DOJ, and so far it appears they are getting their wish
Categories Commission Lawsuit, Department of Justice, HWmember, Legal, national association of realtors, Real Estate, Regulatory, sitzer/burnett, Trump Administration
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