Fed Removes Asset Cap on Wells Fargo June 4, 2025 Brandon Ivey The cap and other regulatory issues prompted numerous adjustments at Wells, including a retreat on mortgage lending and servicing.Read More
Short Takes: ‘Golden Age of Homeownership’ / Rocket Plans $4.0 Billion in Debt Offerings / Smaller Debt Offering From PennyMac REIT / Bonus for Ending Asset Cap June 4, 2025 Brandon Ivey The Trump administration will usher in a "Golden Age of homeownership," according to HUD Secretary Scott Turner.Read More
CFPB Revokes Rule Guiding States on CFPA Enforcement May 30, 2025 Shannon Clark The recission of the rule isn't likely to have much of an effect on state enforcement, according to industry attorneys.Read More
More Questions Than Answers on GSE Reform Plans May 29, 2025 Brandon Ivey FHFA Director Bill Pulte deferred to President Trump when asked if FHFA plans to revise capital requirements for Fannie Mae and Freddie Mac.Read More
CHLA Calls for GSEs to Establish Credit Score Alternative May 29, 2025 Brandon Ivey CHLA said FHFA could direct the GSEs to establish subsidiaries to evaluate the creditworthiness of borrowers.Read More
Trump Hints at Post-Conservatorship Structure of GSEs May 28, 2025 Dennis Hollier In a Tuesday social media post, the president conflated the concepts of an implicit guarantee and an explicit guarantee for the GSEs.Read More
Fannie Partners With Palantir to Check Multifamily Fraud May 28, 2025 Dennis Hollier Crime detection technology created by Palantir will be used to sniff out instances of mortgage fraud in Fannie's multifamily business.Read More
State Mortgage Regulators Adjust Following Federal Changes May 28, 2025 Shannon Clark With the Trump administration pulling back on regulation, state regulators are looking to fill the void.Read More
Pulte Raises Concerns About China’s Investments in MBS May 27, 2025 Brandon Ivey "I’ve got to be careful with what I say," Pulte said.Read More
House Committee Approves QM Relief for Smaller Banks May 22, 2025 Brandon Ivey The bill would increase the qualified mortgage exemption to apply to banks with up to $50.0 billion in assets.Read More
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