Flood of orders published without explanation on social media target programs and practices designed to boost lending in minority communities, protect borrowers from unfair or deceptive practices. Continue reading
Cutting the mortgage giants’ $806,500 conforming loan limit could relieve pressure on home prices but leave more homebuyers seeking jumbo mortgages at higher rates from private lenders. Continue reading
The FHFA Housing Price Index posted a 4.8 percent annual growth rate while the S&P CoreLogic Case-Shiller Indices showed a slightly lower increase of 4.1 percent, according to new data released Tuesday. Continue reading
Some experts are intrigued by the idea floated by Treasury Secretary Scott Bessent, saying it could help put the mortgage giants on sound footing without boosting mortgage rates. Continue reading
Among those dismissed were Freddie Mac CEO Diana Reid and Head of Human Resources Dionne Wallace Oakley. FHFA COO Gina Cross and HR Director Monic Matthews were placed on leave. Continue reading
Less than a week after being confirmed by the Senate to lead the FHFA, homebuilder scion launches campaign focused on making homebuying more affordable by cutting alleged wasteful spending at the mortgage giants. Continue reading
Mortgage industry groups support the Trump administration’s picks to lead the FHFA and CFPB, but questions remain about the prospects for dramatic policy shifts at the agencies. Continue reading
The National Association of Realtors and several other housing groups urged Congress to confirm Consumer Financial Protection Bureau nominee Jonathan McKernan, noting he has a “wealth of experience” to lead the financial watchdog. Continue reading
U.S. home prices continued their climb in December, extending a long-running growth streak and reaching all-time highs, according to data released Tuesday by S&P Dow Jones and the Federal Housing Finance Agency (FHFA). The FHFA Housing Price Index… Continue reading
After surprise inflation report, Trump administration says the Federal Reserve’s interest rate decisions will be exempt from its attempt to exert more control over independent federal agencies Continue reading