Politics

Community association leaders advocate on Capitol Hill

Hundreds of community association leaders visited Capitol Hill this past Thursday for the Congressional Advocacy Summit hosted by the Community Associations Institute (CAI). More than 200 advocates from CAI — representing more than 77 million homeowners association, condominium and co-op residents — met with members of Congress and their staff to discuss federal issues in […]

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Pulte says Fannie, Freddie to remain in conservatorship with IPO plans

FHFA Director Bill Pulte said Friday that Fannie Mae and Freddie Mac will remain in conservatorship, but that the government would seek to sell up to 5% of their shares. Pulte made the remarks at the ResiDay conference in New York City, according to posts on X by ResiClub Co-founder Lance Lambert. Lambert quoted Pulte

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House bill calls for HOME housing program reforms

Despite the government shutdown, U.S. Reps. Mike Flood (R-Neb.) and Emanuel Cleaver (D-Mo.), leaders of the House Financial Services Subcommittee on Housing and Insurance, have introduced the HOME Reform Act of 2025 — a bill promising to streamline the HOME Investment Partnerships Program administered by the U.S. Department of Housing and Urban Development. The measure

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NRMLA backs Gormley and Cassidy for key housing roles

The National Reverse Mortgage Lenders Association (NRMLA) and other trade groups issued statements of support this week as they seek to have the Senate confirm two key leaders to federal housing posts. The letters reference President Donald Trump’s nominations of Joseph Gormley as president of Ginnie Mae and Frank Cassidy as commissioner of the Federal

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Real estate leaders praise federal housing action, stress first-time buyer help

For Keith Robinson, co-CEO of NextHome, the surge of federal attention on the housing shortage is a positive first step — but one that must be tempered by patience and practicality. “I’m ecstatic that it’s a conversation now, because that’s the first step,” Robinson said. “It’s gone from no one talking about it to it’s

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Shutdown slows housing activity in federal worker-heavy markets

The ongoing federal government shutdown is starting to weigh on housing markets with large concentrations of federal employees, according to Realtor.com’s October Monthly Housing Report. While national housing trends remain mostly steady, early signs of hesitation have emerged in metro areas such as Washington, D.C., Virginia Beach, Baltimore and Oklahoma City. “At this stage, the

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Will the Fed ruin the lowest mortgage rates of 2025?

Happy lowest-mortgage-rate-of-the-year day on this Halloween week! Mortgage rates are currently at a yearly low right before the Fed meets so the question is: will Fed Chair Jerome Powell ruin the good news right before Halloween festivities? Whatever Powell says tomorrow, mortgage rates are behaving differently than they did last year at this time. Last

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Ohio moves to tie property tax increases to inflation

The Ohio House of Representatives on Wednesday passed two bills aimed at limiting future property tax increases by tying them to inflation — marking the latest in a series of efforts to curb rising property taxes across the state. Republican House Speaker Matt Huffman said the legislation represents “something significant” for Ohio taxpayers. He estimates

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Former economic leaders Cohn and Summers warn on U.S. fiscal path

Top former U.S. economic leaders, Gary Cohn and Lawrence Summers, raised red flags about the nation’s fiscal trajectory, the challenges of balancing monetary policy and the global context of U.S. debt. However, they Summers says economy is “remarkably resilient.” Speaking at the 2025 Mortgage Bankers Association‘s Annual Convention and Expo, Cohn and Summers also credited

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The $79 trillion shift: How lost wages are fueling the housing crisis

For years, policymakers and analysts have debated the reasons behind America’s worsening housing affordability crisis. Some point to zoning and land-use restrictions, others to construction bottlenecks or rising interest rates. But a growing body of research suggests a deeper, structural problem; wages simply haven’t kept up with the cost of living. That disconnect — according

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