Mortgage-related complaints submitted to the CFPB increased by 6.9% on a quarterly basis in the third quarter.

“Treasury is focused on ensuring that modernization of our capital framework ends the arbitrage that drives bank lending to nonbanks,” said Treasury Secretary Scott Bessent.

Trade groups say allowing the GSEs to fill the gap left when the Fed quit buying MBS in 2022 could lower mortgage rates as much as 30 basis points.

FHFA's proposed strategic plan includes an emphasis on combating fraud and misconduct.

Jamie Dimon, chairman and CEO of JPMorgan Chase, suggested reducing regulation to help housing supply and to reduce the cost of mortgages.

Andrew Glass, a partner at the law firm of Nixon Peabody, said he believes the bureau took some time when it put its activities on pause near the beginning of the Trump administration to “think about the scope of the institutions that it wanted to examine.”

Policy changes at the mortgage giant should make it easier for borrowers to purchase properties with ADUs.

The proposal, if implemented, will largely benefit a subset of banks that don’t meet HMDA reporting requirements yet do receive at least 50 applications for mortgages per year.

By eliminating its bank holding company, Flagstar Bank will drop the Federal Reserve as a regulator.

FHA is supporting some manual endorsement actions that lenders cannot process themselves.