FHFA’s spring regulatory agenda includes plans to reverse four proposed new rules from the prior administration and five rules that have already been finalized.
While the trade group still submits formal comment letters, sometimes faster action is needed, such as a text from MBA President and CEO Bob Broeksmit to an administration official.
Even if interest rates on mortgages don't decline further, the Fed's 25-basis-point rate cut is seen as helping to increase awareness about rate moves.