Fed delivers third straight rate cut, but housing market will see limited relief
The Federal Reserve delivered another 25-basis-point cut to its benchmark interest rate on Wednesday, setting the target range at 3.5% to 3.75%.
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Coalition presses for stronger federal flood response, eyes ROAD to Housing Act
Leaders said the coalition began forming after the catastrophic July 2022 floods in eastern Kentucky and southwestern Virginia.
NRMLA speaks out on the future of federal reverse mortgage programs
After federal housing leaders issued a request for information in October about the future of two key reverse mortgage programs, the National Reverse Mortgage Lenders Association (NRMLA) weighed in last week with a detailed list of suggestions.
Kevin Hassett is the rumored lead for Fed chair position
Kevin Hassett is the rumored frontrunner to become the next Federal Reserve chair as he aligns with Trump’s interest rate agenda.
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.
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.