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Home » Topics » Inside Mortgage Finance » Regulation

Regulation
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CFPB Withdraws Guidance Docs; Mortgage Policies Intact

May 15, 2025
Shannon Clark
The CFPB preserved several mortgage-related policy documents, as it undergoes a review of all previously issued guidance items under new leadership.
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GSEs Ease Interested Party and Lender Incentive Rules

May 15, 2025
Dennis Hollier
Among other changes, Fannie and Freddie increased the cap on interested party contributions from $500 to $2,500.
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Unintended Outcomes Seen in GSEs’ Cross-Subsidies

May 15, 2025
Dennis Hollier
Researchers say that, at any given credit score, the cross-subsidies inherent in GSE pricing favor higher-income borrowers over lower-income borrowers.
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Grapevine: Value in Escrows; Trigger Lead for a Nine-Year-Old

May 15, 2025
Brandon Ivey
MSR investors see risks and benefits in rising costs for property taxes and insurance; child receives offer from mortgage lender.
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Plugging Climate Risk Into MBS Ratings

May 8, 2025
Dennis Hollier
Fitch Ratings analysts seek feedback on a framework for interpolating climate change risk into bond ratings.
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Pulte Downplays Odds of an End to GSE Conservatorships

May 8, 2025
Dennis Hollier
The FHFA director suggested the decision on whether to release Fannie and Freddie from conservatorship depends mostly on President Trump and Treasury Secretary Scott Bessent.
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Grapevine: Fed Steady Amid Uncertainty on Tariffs; CFPB Budget

May 8, 2025
Brandon Ivey
FOMC holds federal funds rate steady; MBA expects rate cut later this year; House committee votes to slash CFPB’s budget.
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Fannie Profits Stable in Weak Housing Market

May 1, 2025
Dennis Hollier
Fannie remains profitable in a tight mortgage market, even though below-the-line expenses shave a little off net income.
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MBA Urges Expanded Use of Rental Payment History

May 1, 2025
Dennis Hollier
Although consistent rent payments over time are one of the best indicators of a borrower’s ability and willingness to repay a mortgage, GSE programs that exploit that information are woefully under-utilized.
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Grapevine: Court to Consider CFPB Layoffs; Interest Rate Outlook

May 1, 2025
Brandon Ivey
Hearing scheduled for May 16 to analyze massive layoffs at CFPB; Fannie economists slightly lower forecast for mortgage rates; Horizon Bank sells warehouse unit for a profit.
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