The two biggest issues the MBA has with the bill in the Senate involve loan limits for FHA multifamily mortgages and provisions in an effort to limit institutional ownership of single-family properties.
The Mortgage Bankers Association said it believes the CFPB's complaint database would be most effective if it functioned as a “secondary escalation mechanism,” available after a consumer has attempted to resolve the issue directly with the company.
A poor jobs report and uncertainty following the launch of the Iran war have made it less likely the Federal Open Market Committee will vote for a rate cut in the near term.
Dallin Merrill, head of policy at the Structured Finance Association, said some larger investors can increase their investments in 144A transactions, but smaller investors still struggle.
Judges on the appeals court seemed conflicted about whether the Trump administration has the authority to move forward with its plans to terminate nearly 90% of the workforce at the CFPB.
“As I understand it, large portions of the agency for much of 2025 were not working or were working in a very limited fashion, and the numbers are likely going to reflect that,” said Mike Silver, a partner at the law firm of Spencer Fane.