Senate passes the ROAD to Housing Act; layoffs at HUD, CDFI Fund halted; MBA’s annual conference missing some federal officials.

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

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.

The Trump administration is reducing regulation of nonbank lenders, leaving the task to state regulators.

The bill is now headed to President Trump’s desk; Frank Cassidy nominated for FHA commissioner.

The Mortgage Bankers Association and other groups supported the wide-ranging bill which is aimed at housing affordability. MBA, though, raised some concerns about appraisal reforms included in the package.

U.S. Bank sells mortgages originated by Union Bank; tariffs and interest rates; Mr. Cooper starts MSR fund; Congress plans to address housing.

The One Big Beautiful Bill included a plethora of tax breaks for individuals and businesses. The bill also sharply reduced the CFPB’s budget.

With Congress poised to limit trigger lead activity, lenders that rely on the leads will have to soon shift how they are conducting business.

Advocates for GSE reform offered the Trump administration some useful guardrails to consider as it plots ending the conservatorships of Fannie and Freddie.