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Home » Topics » Inside Mortgage Finance » Legislation

Legislation
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Biden Administration Takes Steps on Affordable Housing

June 27, 2024
Dennis Hollier and Monica Hogan
The Treasury Department announced $100 million in affordable housing funding, while HUD named recipients of its Pathways to Removing Obstacles to Housing grant competition.
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Election Season and the GSE Conservatorship

May 23, 2024
Dennis Hollier
Would a second Trump administration be more likely to take the GSEs out from under the government’s thumb? It didn’t work the first time around, but Biden hasn’t been interested at all.
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FSOC Calls for Greater Oversight of Nonbanks

May 16, 2024
Dennis Hollier
The Financial Stability Oversight Council wants Congress to provide FHFA and Ginnie Mae authority to supervise nonbanks given their growing dominance of the mortgage servicing market.
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California Bill Targeting Automation Tools Irks Trade Groups

May 2, 2024
James Dohnert
A new California bill that seeks to regulate the use of automated decision tools is facing strong opposition from the Mortgage Bankers Association and other trade groups.
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House Republicans Move Bills That Have MBA Support

April 25, 2024
Brandon Ivey
The bills with endorsements from the MBA marked up by a House committee didn’t garner support from Democrats, making it unlikely that they’ll be signed into law during the Biden administration.
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Freddie Wants to Buy Closed-End Seconds

April 18, 2024
Dennis Hollier
Critics argue the new second mortgage program is another attempt by Freddie Mac to expand its footprint. But GSE insiders say it’s already allowed under its charter.
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FEMA Postpones Change on NFIP Policies During Shutdowns

April 4, 2024
James Dohnert
The postponement comes just weeks after Congress passed a short-term extension of the flood insurance program’s authorization.
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Industry Outcry Over Biden’s Title Insurance Waiver Plan

March 14, 2024
Dennis Hollier
Industry trade groups as well as analysts believe the proposed waiver pilot is purely a political gesture and will, in fact, expose borrowers and lenders to financial risk.
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Political Appetite to End GSE Conservatorship is Lacking

February 29, 2024
James Dohnert
Both Democrats and Republicans have little interest in GSE reform, according to discussions this week at the SFVegas conference.
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Trigger Lead Ban Gains Momentum in Congress

February 15, 2024
James Dohnert
The Homebuyers Privacy Protection Act has bipartisan support in the House. The bill, like its companion bill in the Senate, would amend the Fair Credit Reporting Act to prohibit the sale of consumers’ information without their approval.
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