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.

The Mortgage Bankers Association supports many of the housing-related provisions included in the bill proposed last week by Senate Republicans.

There’s some bipartisan support in Congress to establish a tax credit for home renovations in an effort to improve the supply of homes for sale.

Bill to limit trigger leads passes in House; Fannie economists see higher interest rates; home prices decline in April; HUD on the move; FHFA directs GSEs to propose using cryptocurrency in calculations for mortgage applicant’s reserves.