Jon Jaffe, co-CEO and president of Lennar, noted that the firm took steps during the previous Trump administration to reduce the impact of tariffs.

Among many other issues, the shutdown would pause authorization for new flood insurance policies under the National Flood Insurance Program, potentially impacting home sales.

After projecting four rate cuts for 2025 at their September meeting, members of the Federal Open Market Committee now project only two rate cuts next year.

JPMorgan Chase had the most profitable mortgage-banking operation in the third quarter, with $633.0 million of income.

Fannie Mae projects that its issuance of credit risk transfer transactions in 2025 will be similar to issuance in 2024.

The final rule establishes ability-to-repay requirements for Property Assessed Clean Energy loans.

The Senate approved S. 3502, The Home Buyers Privacy Protection Act, on a unanimous vote.

Much of the decline was the result of a change in how Freddie Mac classifies loans subject to a repurchase claim for which the seller has provided a remedy.

Fannie Mae economists forecast “no meaningful decline ” in the 10-year Treasury rate in 2025.

The Congressional Budget Office looked at eliminating the high-cost loan limit or extending an add-on to the guarantee fee charged by the GSEs.