With Powell set to move on, who are the candidates for the next Fed chair?
With Jerome Powell’s term ending in May, several candidates are in the running to become the next Federal Reserve chair.
Regulatory
Auto Added by WPeMatico
Raphael Bostic to retire as Atlanta Fed president
Raphael Bostic, the first Black and openly gay regional Fed president, announced his retirement from the Atlanta Fed, effective in February 2026.
Mortgage industry backs LLPA changes but is divided over priorities
The mortgage industry largely supports changes to the loan-level price adjustment (LLPA) matrix but remains divided on priorities, with a full overhaul unlikely amid a potential stock offering of Fannie Mae and Freddie Mac.
Another Fed rate cut to finish 2025? Not so fast
The odds that the Federal Reserve will cut benchmark interest rates again in December are still high — but not as high as they were before last week’s cut.
FHFA inspector general role vacant after reported ouster of Joe Allen
The inspector general position at the Federal Housing Finance Agency (FHFA) is currently vacant after the reported ouster of Joe Allen.
Debate heats up around GSEs’ potentially larger role as MBS buyers
Overall, the perception is that having new buyers of MBS would be positive for the industry, although some question whether the GSEs would be the best actors to play this role.
Fed prepares to pivot balance sheet, with potential ripple effects for mortgages
A growing number of economists believe the Federal Reserve is close to announcing the end of its quantitative tightening (QT) program — a move that could have wide-reaching implications for the mortgage industry.
Fifth Third buys Comerica in nearly $11B deal
The transaction is expected to close by the end of the first quarter of 2026, pending approval from each company’s shareholders.
Why the FTC is targeting Zillow and Redfin’s rental deal
The government alleges the deal unlawfully transferred assets and eliminated competition, with claims spanning multiple antitrust statutes.
FinCEN delays implementation of anti-money laundering rule
The rule is now slated to go into effect four months later in March 2026, which FinCEN said will give title firms more time to comply.