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House Democrats push back on crypto legislation with ‘anti-corruption’ efforts

Congress, Cryptocurrency, Democratic Party, Donald Trump, House of Representatives, HWmember, Legislation, Maxine Waters, Mortgage, Politics, Senate /

Congresswoman Maxine Waters (D-Calif.) and Congressman Stephen Lynch (D-Mass.), announced on Friday that next week will be known as “Anti-Crypto Corruption Week.” During this time, they plan to rally Democrats to push back against Republican efforts to fast-track three pieces of legislation related to cryptocurrency — the “Clarity Act,” the “GENIUS Act” and a bill […]

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One ‘Big Beautiful’ win: House advances budget bill for Trump’s signature

Congress, Donald Trump, House of Representatives, Housing Market, HWmember, Legislation, Low-Income Housing Tax Credit, Politics, Senate, Tax, Tax Cuts and Jobs Act /

President Donald Trump’s One Big Beautiful Bill Act is about to become law. The House of Representatives on Thursday voted to advance the budget reconciliation bill by a razor-thin margin, echoing the 50-50 tie in the Senate that required Vice President JD Vance’s vote in order to advance the legislation. The White House has scheduled

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What’s in Trump’s ‘Big Beautiful Bill’ for seniors?

Congress, House of Representatives, HWmember, Legislation, Low-Income Housing Tax Credit, Reverse, Senate, Tax, Trump administration /

President Donald Trump’s “Big Beautiful Bill” is headed back to the House for reconciliation after passing the Senate with a tiebreaking vote from Vice President JD Vance. The 1,116-page multitrillion-dollar bill contains some key changes for older Americans, including a senior bonus tax deduction that would offset taxes on Social Security. But the bill also

What’s in Trump’s ‘Big Beautiful Bill’ for seniors? Read More »

Housing industry cheers Senate passage of the ‘Big Beautiful Bill’

Congress, House of Representatives, Housing Market, HWmember, Legislation, Mortgage Bankers Association, National Association of Realtors, Politics, Senate, Tax, Trump administration /

Senate Republicans on Tuesday advanced President Donald Trump’s sprawling “Big Beautiful Bill” in a last-second flurry that required Vice President JD Vance to cast a tie-breaking vote. All 47 Senate Democrats voted against the bill, with Republicans Susan Collins, retiring Thom Tillis and Libertarian deficit hawk Rand Paul joining them. The bill now goes back

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Powell: Fed is reviewing Basel III, supplemental leverage ratio rules

basel III, Congress, Federal Reserve, HWmember, Jerome Powell, LendingLife, Mortgage, Regulatory, Regulatory Compliance /

During a second straight day of testimony on Capitol Hill, Federal Reserve Chair Jerome Powell said the central bank is reviewing the Basel III rules (also known as the “Basel Endgame”), which would significantly increase bank capital requirements and could impact the mortgage industry, if implemented. Powell’s statement comes as the Fed prepares to vote

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ALTA promotes trio to bolster advocacy efforts

ALTA, American Land Title Association, Congress, HWmember, People Movers, Team Leaders, Title, Title insurance /

The American Land Title Association (ALTA) has announced three internal promotions as part of a broader effort to strengthen leadership and advocacy across the title insurance industry. Emily Tryon “These changes mark a milestone in the association’s growth and reinforce our ongoing commitment to delivering value to our members through strategic thought leadership, proactive advocacy

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Without VASP, veterans don’t have a foreclosure safety net

Congress, Delinquencies, Department of Veterans Affairs, Foreclosure, HWmember, Legislation, Mortgage, Mortgage Servicing, NPR, Politics, Veterans /

There are about 80,000 veterans in the U.S. who are behind on their mortgages and heading toward foreclosure, according to data from ICE Mortgage Technology, a number that could have been alleviated with help from the Veteran Affairs Servicing Purchase (VASP) program. But just last month, the program was abruptly discontinued by the U.S. Department of Veterans

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Senate version of GOP tax bill makes key changes to housing, federal lands sections

Congress, Government Lending, House of Representatives, Housing Market, HWmember, Montana, Nevada, Politics, Republican Party, Senate, Utah /

Following its passage in the House of Representatives, the One Big Beautiful Bill Act — President Donald Trump’s signature domestic policy bill that includes tax reform provisions with major implications for the federal budget deficit — is going through a series of pronounced changes during the reconciliation process in the Senate. When a bill is

Senate version of GOP tax bill makes key changes to housing, federal lands sections Read More »

HUD is light on reverse mortgage detail in budget justifications

Congress, Government Lending, HECM, HUD, HWmember, Mutual Mortgage Insurance Fund, Reverse, White House /

Following the release of the president’s fiscal year 2026 “skinny” budget request — and a look at the White House’s performance expectations for the Home Equity Conversion Mortgage (HECM) program — the U.S. Department of Housing and Urban Development (HUD) has released its congressional justifications document to explain the reasons for its appropriations requests. Normally,

HUD is light on reverse mortgage detail in budget justifications Read More »

Federal lands amendment draws bipartisan rebuke

Congress, House of Representatives, Housing Market, HUD, HWmember, Legislation, Montana, Nevada, Utah /

As part of broader housing initiatives, Republicans in both the Trump administration and in Congress are pursuing the sale of large swaths of federal land to potentially develop housing. But the Republican front is not completely united. Earlier this month, lawmakers in the House of Representatives’ Committee on Natural Resources saw an amendment added to

Federal lands amendment draws bipartisan rebuke Read More »

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