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Legislation
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Disparate Impact May Be Back to the Drawing Board

February 4, 2021
Maria Volkova
HUD issued a final rule on the much-debated disparate-impact theory in September. A month later, a federal court ordered a preliminary injunction blocking its implementation.
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Industry Calls for $25 Billion in Housing Assistance

January 28, 2021
Brandon Ivey
The fund could be modeled after the Hardest Hit Fund, providing funds to state housing finance agencies to help borrowers bring their mortgages current.
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Senate Democrats Once Again Seek Answers on NPL Sales

January 28, 2021
Dennis Hollier
Democrats on the Senate Banking Committee are putting pressure on FHFA to answer whether the GSEs’ NPL sales impact homeowners’ access to foreclosure and forbearance protections under the CARES Act.
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FHFA and Treasury Renegotiate PSPA. Now What?

January 21, 2021
Dennis Hollier
The new PSPA will allow Freddie Mac and Fannie Mae to continue retaining earnings until they reach the regulatory minimum capital — almost $283 billion combined.
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Regulatory Enforcement to Escalate Under Biden

January 21, 2021
Brandon Ivey
Lenders are likely to see tougher regulatory enforcement in the coming years, along with increased support for affordable housing.
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Federal Agencies Clear Up Confusion on Forbearance

January 7, 2021
Brandon Ivey
It wasn’t clear if coronavirus forbearance for federally backed mortgages was allowed after the end of 2020. Federal agencies addressed the issue near the end of December, though there’s still uncertainty.
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Grapevine: A Rising 10-Year and a Shift in the Power Grid

January 7, 2021
Paul Muolo
Rates are rising and that means an end to the refi boom? Don’t bet on it.
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Coming Soon: All National Guard Members Eligible for VA Loans

December 17, 2020
Maria Volkova
New legislation would extend zero-downpayment loans to more than 400,000 Guard members.
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Biden Picks Ohio Dem to Lead HUD, Changes Assured

December 10, 2020
Paul Muolo
She’s not a brain surgeon, but a Democratic legislator from the Rust Belt. Midweek, Joe Biden revealed Rep. Marcia Fudge as his pick for Housing secretary.
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Waters Wants Trump-Era Housing Policies Rescinded

December 10, 2020
Dennis Hollier
House Financial Services Committee Chair Maxine Waters, D-CA, wants various rules and regulations introduced during Trump’s presidency to be rescinded or replaced.
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