The proposed budget for fiscal year 2027 would reduce HUD’s discretionary budget authority by 12.7% compared to the 2026 funding level.

Economists quantify the impact of demand shocks on lender-set rates and origination efficiency.

Even with a 9.0% decline during the fourth quarter, production of home equity loans in 2025 was up 25.1% on an annual basis. Both depositories and nonbanks had a hand in boosting production. (Includes three data tables.)

New guidelines would eliminate the threshold-based deduction for mortgage servicing rights and apply a 250% risk weight to the assets.

State regulators are still in the early stages of considering changes to how the largest nonbank mortgage companies are supervised.

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.

CrossCountry Mortgage has swooped in with a superior bid, prompting United Wholesale Mortgage to revise its bid for Two Harbors.

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.

The platform will translate mortgage guidelines and operational policies into configurable, testable and auditable rules.