Stakeholders believe that while the new rules will reduce insurance costs, they will raise other costs, including for condo dwellers who don’t plan to buy, sell or refinance.
Latinos continue to lead homeownership gains, but the Trump administration’s immigration crackdown has put a damper on demand, according to the National Association of Hispanic Real Estate Professionals.
The attorneys general said the guidance threatens to cut complaint referrals and funding to state and local fair housing agencies that provide protections that go beyond the federal Fair Housing Act.
A new executive order from President Trump aimed at increasing access to mortgage credit calls for changes to several of the CFPB’s mortgage rules and regulations.
A California district court found that the Trump administration has provided no assurance that it will seek funding from the Fed again for the CFPB, as the end of the second fiscal quarter nears.
The bureau’s draft strategic plan for fiscal year 2026 through fiscal year 2030 included many of the same objectives the agency has already been promoting, such as debanking and deregulation.
The real estate brokerage agreed to pay $2.25 million and change its marketing to settle a lawsuit brought by the Massachusetts attorney general’s office.
Sheila Oliver, deputy commissioner at the California Department of Financial Protection and Innovation, advised mortgage companies to have strong monitoring systems to verify per diem interest after loan closing and detect any adverse events impacting their systems.
At a House hearing on fraud, Democrats argued that the CFPB is essential to fighting fraud, but needs support. Republicans largely ignored the arguments.
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