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Fed to reconsider how it communicates monetary policy this fall -
Senate reconciliation proposals would help, hurt housing -
HUD Secretary Turner says manufactured housing key to supply -
Fannie, Freddie regulator: Powell should cut rates or quit -
Fed officials hold rates again, still see two cuts by year end
- Sep 16-17, 2025|San Diego, CA
The Senate Banking Committee is now proposing to cut the cap by which the Consumer Financial Protection Bureau can request funds from the Federal Reserve to 6.5% of the Federal Reserve's operating budget after its opening bid of 0% was rejected by the Senate parliamentarian.
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HUD officials outlined a number of key changes to its manufactured housing programs including eliminating the chassis requirement.
June 26
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The 30-year fixed rate mortgage is below 6.8% for the first time since May as the 10-year Treasury moved lower with the headlines of the past week.
June 26
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The department's move is the latest HUD decision aligning with the Trump administration's deregulatory strategy that targets many ESG programs.
June 26
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As news of Bayview Asset Management's purchase of Guild Mortgage broke, recruiters have ramped up outreach to the mortgage lenders' originators.
June 26
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Lenders have been working to shrink their rent-regulated real estate loan portfolios since a watershed state law passed in 2019, but those plans may be accelerated.
June 26
Only 20% of the Top Producers in the National Mortgage News survey were under 40, while almost half were between 41 and 50, and 30% even older.
Those who raced ahead of the pack of loan originators last year went the distance by offering exceptional customer service, catering to niche pockets of demand in the market.
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As the Federal Reserve considers changes to the supplemental leverage ratio, Fed Board Chair Jerome Powell said that effort is one piece of a broader deregulation package that will also address the Basel III capital rules.
June 25
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Nonbank mortgage companies are regulated on the state level, but multistate examinations allow for virtual nationwide and industry-wide coverage.
June 25
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US purchases of new homes fell in May by the most in almost three years as rampant sales incentives fell short of alleviating affordability constraints.
June 25
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The CEO of Union Home Mortgage is joining Dream Finders Homes' CEO Patrick Zalupski and others in a bid to purchase the Major League Baseball team.
June 25
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JPMorgan Chase & Co. has bundled the riskiest portions of over a dozen Freddie Mac mortgage bonds tied to small balance apartment loans in what appears to be the first time this sort of debt has been securitized not once but twice.
June 25
