Trump administration relaxes FHA flood risk, appraisal requirements

Recission of a dozen regulatory policies is aimed at “slashing red tape that drives up costs and shuts families out of the market,” HUD Secretary Scott Turner said. Continue reading

Uncertainty over tariff policies continues to worry consumers

Two closely watched surveys show Americans remain concerned that the U.S. is headed for the dual challenge of an economic slowdown and an increase in inflation. Continue reading

Former Zillow mortgage originator sues over alleged wages issues

Former mortgage loan originator Andrew Josephson claims the company failed to adequately pay him and other employees for time worked in an effort to cut costs and gain a leg up on competitors. Continue reading

Fannie and Freddie joint venture will offer its technology to others

Common Securitization Solutions (CSS) has rebranded as U.S. Fin Tech and will look to provide technology and business solutions to companies in addition to its owners. Continue reading

Fed expected to resist pressure from Trump for July rate cut

As Fed policymakers await more data confirming that inflation has been tamed, futures markets put the odds of a September rate cut at 90 percent, up from 64 percent a week ago. Continue reading

Pulte: Let Fannie and Freddie count homebuyers’ crypto assets

Head of Fannie Mae and Freddie Mac’s federal regulator says mortgage giants should consider what risk mitigation might be required when counting mortgage borrowers’ crypto holdings as an asset, “including adjustments for market volatility.” Continue reading

Government regulator lets BofA mortgage off the hook 3 years early

The 2023 order, aimed at ensuring the collection of information about applicants’ race, ethnicity and gender, wasn’t scheduled to be lifted until 2028. Regulators say the bank has fulfilled its obligations. Continue reading

Waltz secures credit to scale foreign investment platform

Waltz, a tech-enabled fintech that helps foreign investors buy U.S. property, has secured a $25 million line of credit to scale operations. Continue reading

Rocket rolls out bridge loan to win more business from homebuyers

New offering lets existing homeowners tap their equity to buy before they sell and make non-contingent offers to better compete with cash buyers in competitive markets. Continue reading

Inman announces the 2025 Best of Finance Award winners

Inman celebrates 149 mortgage and finance professionals setting the bar higher in leadership, innovation and commitment to excellence. Continue reading