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The regulator has postponed the building code in question, but is otherwise battling the challenge raised during the Biden administration.
May 30 -
Trump has said that the US government would retain guarantees and an oversight role over Fannie and Freddie even as he pursues a public offering for the mortgage giants.
May 30 -
The Federal Reserve's preferred measure of inflation moved closer to the 2% target last month, but the impact of tariffs remains to be seen.
May 30 -
Most of the contracts in Point Securitization Trust, 1,750 (81.64%), are second-lien as of the cut-off date.
May 29 -
The industry leader has simultaneously staved off lawsuits over its initiative and reached a settlement with one brokerage which allegedly violated its terms.
May 29 -
A proposed 2026 budget would eliminate two programs that are key to increasing the supply of affordable housing, a consortium of elected leaders said.
May 29 -
The Federal Reserve chair said he made no commitments on the central bank's next monetary policy adjustment, only that the decision would be made based on incoming data.
May 29 -
Elon Musk, formerly head of the Department of Government Efficiency, said he will officially leave the federal government after a short but tumultuous tenure. DOGE's actions at the Consumer Financial Protection Bureau are being reviewed in federal court.
May 29 -
Analysts awaiting specifics on the "implicit guarantee" for Fannie Mae and Freddie Mac are split on whether mortgage rates and guarantee fees could rise.
May 29 -
During its meeting last month, some members of the Federal Reserve's monetary policy committee expressed concern about persistent supply chain disruptions while others were confident price growth would be constrained.
May 28