Moves by the Trump administration are disrupting the economy and the federal agencies that deal with the housing market. Bob Broeksmit, president and CEO of the MBA, isn’t sure how it’s all going to play out.

Fannie and FHFA accused the employees of fraud and deceitful actions, but provided no details of wrongdoing.

JPMorgan Chase recently paid 6.5-times the servicing fee for a package of low-coupon mortgage servicing rights.

Nonbanks accounted for 65.2% of the residential mortgages originated in 2024. All of the top five lenders were nonbanks and they all gained market share. (Includes two data tables.)

Nonbanks are offering discounts ahead of a spring homebuying season filled with uncertainty.

The MBA has offered a number of suggestions on the New York Department of Financial Services’ proposed CRA requirements for nonbanks.

The elimination of eligibility of non-permanent U.S. residents for FHA loans could leave FHA lenders liable for mistakes made when certifying a borrower’s residency status.

Previously-fired probationary employees at HUD are stuck in an administrative leave purgatory awaiting a court decision, while rumors continue to circulate of field-office closures.

FHA should limit borrowers to qualify for one permanent home-retention option every 18 months to cut costs to its insurance fund and help borrowers maintain equity, MBA and others said in a letter to HUD.

The website streamlining effort included a roughly 90% reduction in content, leaving broken links in its wake.