Industry participants favor a proposal from the Federal Housing Finance Agency to repeal fair lending oversight of Fannie, Freddie and FHLBanks. Consumer advocates, meanwhile, were sharply critical.

The new requirements, and the shutdown, are expected to further delay the release of CDFI Fund awards that have already been approved.

The trade group’s priorities include changes to loan originator compensation standards and a higher tax exemption on home sales.

Housing legislation with strong bipartisan support could move forward in the Senate as soon as this month.

Nonbank mortgage companies would continue to face reporting obligations even if earnings disclosures from public companies become less frequent, as talked about by the Trump administration.

The Trump administration is ramping up discussions regarding reforms to the government-sponsored enterprises but it’s still not clear what the result will be. Whether Congress will take action is also an open question.

Mortgage lenders and their partners are working to figure out how to implement both Classic FICO and VantageScore 4.0 credit scores.

Democrats in the House offered 14 housing-related bills, many with bipartisan support.

Regulatory challenges and rising origination costs are prompting community banks and credit unions to partner with nonbanks for mortgage lending.

Many efforts started during the Biden administration won’t move forward. But servicing reforms are still in the works at the CFPB. And the bureau is considering major changes to LO comp.