The Senate-approved ROAD to Housing Act was dropped from a 2026 defense bill. However, House Republicans indicated that they’re working toward legislation to address housing affordability.
The CFPB plans to issue guidance that will allow mortgage lenders to calculate the average prime offer rate in the event that the bureau runs out of funding.
While both parties agreed that the court’s preliminary injunction is still in effect, the CFPB asked the court not to use the injunction to address questions surrounding the bureau’s funding.