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.
Regulatory
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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.
House passes abusive trigger leads ban
A final rule is expected by the end of 2025.
Massachusetts set to bar home sellers from requiring inspection waivers
The policy prohibits sellers and agents from requiring or encouraging buyers to waive a home inspection as a purchase condition.
Federal Reserve watchdog investigates efforts to dismantle CFPB
The Federal Reserve watchdog is reportedly taking a closer look at efforts to dismiss staff and cancel contracts at the CFPB.