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Justice Dept. insists 'there will continue to be a CFPB' -
FHA waives elevation requirement for single-family constructions -
HUD layoff rumors swirl as FHA awaits clarity on cuts -
'Elon Musk is not your boss,' union tells CFPB employees -
Musk team's blitz on Consumer Financial agency unsettles Trump allies
- Sep 16-17, 2025|San Diego, CA
Dr. Mark Calabria takes on the additional role of chief statistician of the United States; retired Ally Bank executive Diane Morais has joined First Citizens Bancshares' board of directors; MainStreet Bank has promoted Alex Vari to chief financial officer; and more in this week's banking news roundup.
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The 30-year fixed-rate mortgage remains in the same general vicinity since the post-tariff spike, and significant movement isn't expected soon.
June 18
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The publicly traded company will become privately held as part of the all-cash servicer-lender acquisition, with a $20-per-share payout to common stockholders.
June 18
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Both purchase and refinance activity declined last week, despite rates falling to a two-month low with market concerns over geopolitical and tariff issues.
June 18
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Home sellers, no longer required to pay the buyer's representative after major rule changes last year, are still covering the costs as concessions.
June 18
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The Trump administration is seeking to fire roughly 90% of the Consumer Financial Protection Bureau's staff and is fighting for that right in court. But if the administration prevails, can other consumer protection authorities from other federal regulators pick up the slack?
June 18
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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Transparency has improved for mortgages but associations still lack access and insurance is a challenge in efforts to balance access to housing with safety.
June 24
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Regulatory changes after the Surfside collapse are making more condos nonwarrantable, which presents some opportunities while also complicating mortgage access.
June 24
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Senate Republicans are coming around to the $40,000 cap on state and local tax deduction key House lawmakers demand in President Trump's massive tax package.
June 24
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Rhode Island home sellers would see a conveyance tax rise 63%, and owners of million-dollar properties would pay an additional levy if the budget is signed into law.
June 24
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A new House vote brings long-awaited privacy protections for homebuyers one step from reality. See what still needs to happen.
June 23
