Trump says he’s giving “serious consideration” to releasing Fannie Mae, Freddie Mac
President Trump said he would be making a decision on releasing Fannie Mae and Freddie Mac from conservatorship “in the near future.”
Regulatory
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Where land-use regulations are driving up housing costs
The federal government has few options for addressing housing costs because most land-use regulations are administered at the local level.
Fraud, mismanagement led to millions in losses for Houston Housing Authority
The Houston Housing Authority’s plan to install air conditioning in rental units has led to millions of dollars in losses.
CFPB seeks rescission of pandemic-era mortgage servicing rule
The CFPB says the rule it’s seeking to rescind is no longer necessary due to the end of the COVID-19 national emergency.
HUD secretary defends repeal of fair housing rule
The rule required local governments to analyze housing patterns for racial and economic disparities and submit corrective plans to HUD.
House bill calls for bigger SALT tax breaks
The new SALT provision would raise the cap to $30,000 for those with a modified adjusted gross income of $400,000 or less, up from the current $10,000 limit.
Realtors clash over NAR speech code
Critics argue that the code violates free speech rights, while supporters say it’s needed to uphold ethical standards.
Inside the Trump administration’s plans to gut the CFPB
HousingWire has obtained details of the planned mass layoff at the CFPB, which would see some divisions shrink dramatically or cease to exist.
The CFPB announces sweeping job cuts: up to 90% gone
An email sent to employees outlined the agency’s new focus, noting that it would be shifting its focus away from its supervisory roles
CFPB freezes nonbank registry rule after industry pushback
The CFPB is rescinding a rule that required nonbank financial services providers to register with a new federal database.