Elizabeth Warren, D-MA, and Chuck Schumer, D-NY, have requested Bill Pulte's official calendars and questioned his availability to address FHFA issues.

Brian Johnson said he would prioritize protecting consumers, promoting accountability by ensuring the bureau acts prudently and within its statutory limits, and modernizing CFPB operations.

Equity Prime Mortgage, AmeriTrust Mortgage and OCMBC had their DE approval terminated in several regions.

FHA proposed an alternative structure for its partial claims in pursuit of making the program easier for program participants and the Department of Housing and Urban Development's servicer to manage.

The groups' joint comment letter called on the FHA to replace its minimum property requirements with the standards used by the government-sponsored enterprises.

At a hearing by the House Financial Services Committee, Vought defended his actions to rein in the CFPB and called for additional reforms by Congress.

The Mortgage Bankers Association said, if implemented, the proposed changes would make it “unattractive for banks to continue to offer” warehouse lines to nonbank mortgage companies.

The guidance was in response to a May 19 executive order regarding risks to the financial system from individuals not authorized to work in the U.S.

The Fair Credit Reporting Reseller Accuracy Act aims to reduce litigation for credit resellers.

Despite the lack of presidential support, lawmakers said the passage of the bipartisan bill was an important step in boosting housing affordability.