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

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

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.

Documents released under a FOIA request indicated that the GSEs’ assessment of the new credit score requirements found that a single-bureau credit pull significantly underperformed both the tri-merge and bi-merge.

State regulators said OCC’s proposals seeking to preempt state interest-on-escrow laws exceed its authority and ignore legal precedent.

The president wants to address housing affordability but also wants home prices to remain high because it has made a lot of people wealthy.

The trade group representing credit reporting agencies said MBA’s proposal to move to a single-bureau report is more about lowering costs for lenders than saving money for consumers.

With states increasing their regulation of artificial intelligence, trade groups representing the mortgage industry are concerned state regulation will interfere with federal mandates.