House Republicans said they’re drafting legislation that would end the conservatorships of Fannie Mae and Freddie Mac.

David Neylan, president and chief operating officer at Guild Mortgage, said there is no quick fix to make homebuying more affordable.

Mortgage industry generally supports the proposal’s efforts to withdraw HUD’s discriminatory effects regulations.

Refi originations increased by 96.8% on a quarterly basis in the fourth quarter of 2025. For the full year, refi volume was up 61.2% while purchase-mortgage lending increased by 2.4%. (Includes five data tables.)

The House approved legislation this week aimed at increasing housing supply. Before the vote, President Trump called for an additional provision that wasn’t included.

Lenders are examining opportunities to retain more servicing this year as originations are expected to stay steady.

Unemployment and inflation are leading to an increase in delinquencies and foreclosures.

Rep. Maxine Waters, D-CA, applauded the House’s effort to pass the Housing for the 21st Century Act, but said one bill isn’t enough to fix the housing affordability crisis.

The big homebuilders are purportedly planning to build a million starter homes to sell through a rent-to-own program. The Trump administration has distanced itself from any such proposal.

Former Freddie CEO believes most prospective remedies to the affordability crisis will benefit only borrowers who don’t need the help.