FHFA’s new director told the House Financial Services Committee that politicians must decide what the future of housing finance looks like.

While states offered broad temporary flexibilities regarding LO licensing and location requirements during the pandemic, the transition out of the temporary standards has been bumpy.

It could be a brisk year for mortgage company sales. But how fierce might the roll-up be? Changes in Rocket’s C-suite.

A mortgage company’s best chance at being heard in policy matters is to target the same four themes the Biden administration is using to drive policy decisions.

Senate Republicans say they’re prepared to let the current debt ceiling lapse if Democrats won’t use the budget reconciliation process to pass it on their own, with implications for the GSEs.

Community Reinvestment Act requirements that traditionally have only applied to depositories will be imposed on nonbanks in New York. The MBA warned that the standards are “unworkable.”

The House Committee on Rules recently unveiled text for the $1.75 trillion Build Back Better legislative framework, which would include $10 billion for a new first-generation downpayment assistance fund.

CRA trade-offs and nonbanks: Let’s make a deal? Maybe, maybe not. Meanwhile, investors are still willing to sink cash into good mortgage ideas.

While some conservative and moderate Democrats have hinted that they’ll accept a substantially smaller infrastructure bill than originally planned, other key members of the party say housing must be part of the package.

Mortgage trade groups quash FCA amendment in the bill but can’t prevent continuation of a 10-basis-point g-fee surcharge.