“There’s still work to be done and we are committed to continuing to work with the White House and our colleagues in the House on a housing bill that can pass the Senate and get to the president’s desk,” said Sens. Tim Scott, R-SC, and Elizabeth Warren, D-MA.
Dave Paulson, CEO of the FHLB of Pittsburgh, pointed out that, prior to the 2023 banking crisis, many FHLBank officials didn’t know who their direct contact was at the Fed.
FHA expects to rescind a suite of policies next month as a continuation of its deregulatory approach to tackling affordability, said FHA Deputy Assistant Secretary for Single-Family Housing Matt Jones.
“Regulators are taking more notice of this part of the market,” Bob Broeksmit, president and CEO of the Mortgage Bankers Association, said of the non-agency sector.
FTC warns Mortgage Connect about noncompetes; Rocket preps CES MBS; New legislation on mortgages for homes on tribal land passed; Share of first-time homebuyers increasing.