Despite saying he will nominate former SEC Chair Jay Clayton as director of national intelligence, President Trump appears to be sticking with FHFA Director Bill Pulte as acting DNI.

Critics say the FHFA director is woefully underqualified to lead national intelligence. The impact on FHFA is also unclear.

The Florida-based bank has agreed to sell its third-party originations channel to Mortgage Forward, part of the Great Lakes Credit Union family.

Although President Trump directed the GSEs to purchase an additional $200 billion in agency MBS, they do not appear to be on track to accomplish that by year end.

Lender trade groups argue that the expanded use of alternative valuations by the GSEs will improve the reliability of appraisals.

In a Truth Social post, President Trump said Pulte will serve simultaneously as FHFA director and acting director of National Intelligence, overseeing national security matters conducted by 18 federal intelligence agencies.

The Trump administration has directed the CFPB to remind lenders that they should consider that deportation and loss of wages are risks when extending credit to certain noncitizens.

Two main sources for lender liquidity are working to improve communication and simplify collateral exchange.

FTC warns Mortgage Connect about noncompetes; Rocket preps CES MBS; New legislation on mortgages for homes on tribal land passed; Share of first-time homebuyers increasing.

Despite ending his long hiatus on GSE talk, Trump fails to persuade skeptics that he’s ready to take Fannie and Freddie out of conservatorship anytime soon.