Lenders no longer under orders to keep a sharper lookout for appraisal bias or have a process for helping borrowers who suspect appraisal bias to ask for a “reconsideration of value.” Continue reading
Central bank dials back Treasury rolloffs but is not ready to cut short-term interest rates, as Fed policymakers indicate they’re more worried about inflation than they were in December. 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
Senators Maxine Waters (D-CA) and Elizabeth Warren (D-MA) sent Department of Housing and Urban Development Secretary Scott Turner a letter on Monday, demanding that he halt plans to cut staff at the Office of Fair Housing and Equal Opportunity. 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
Republicans are less worried about the future than Democrats and Independents, but “consumers from all three political affiliations are in agreement that the outlook has weakened since February.” Continue reading
The Housing Authority of the City of Los Angeles (HACLA) has announced a pause on accepting new Housing Choice Vouchers (HCVs), also known as Section 8 vouchers, which could leave thousands of residents at risk for homelessness, CBS News reported Tuesday. Continue reading
Homebuyers have responded to a pullback in mortgage rates from January highs, but tariffs on imported goods could keep inflation elevated and halt the downward trend in rates. Continue reading
As the March 14 debt ceiling deadline and potential government shutdown looms, Republican Sen. John Kennedy is introducing a bill to reauthorize the NFIP under its current form until Sept. 30. Continue reading
As March 14 debt ceiling deadline approaches, housing and mortgage finance industries brace for repercussions of DOGE cuts to federal workforce and programs. Continue reading