Currently, a handful of states have specific regulations for HEIs and federal oversight is limited as the Consumer Financial Protection Bureau is evaluating the market.

An affiliate of JPMorgan Chase was the winning bidder on an auction by Freddie Mac of nonperforming loans with a balance of $188.3 million.

FHFA will hold FHLBank boards and senior management accountable for planning for and adapting to the shifting risks posed by the increasing frequency and intensity of climate-related natural disasters.

Fairway Independent Mortgage Corp. established a $1.0 million fund to help with the recovery from Hurricane Helene.

Conforming loan limits for the upcoming year are usually announced by the FHFA in late November.

Banks continue to dominate home equity lending, but some nonbanks have made big moves, including Rocket Mortgage.

All banks among the top 100 lenders reported an increase in retail mortgage originations in the second quarter.

The annual home price growth rate may slow further in September, according to Intercontinental Exchange.

“After reviewing the comments and reconsidering the proposed rule’s substantive and procedural amendments, FHFA has determined that a number of material changes to the rule are necessary,” the agency said.

Democrats in the Senate are seeking new federal programs to address housing affordability while Republicans think existing programs can be more efficient.