Regulatory

Trump’s GSE exit pursuit is complicated (and could be costly)

President Donald Trump’s bombshell Truth Social post on Wednesday night sent the stock prices of Fannie Mae and Freddie Mac soaring. But removing the government-sponsored enterprises (GSEs) from conservatorship after 16-plus years would be a complicated endeavor. And if they’re not removed carefully, costs for borrowers could spike. Trump’s announcement that he’s considering a public […]

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Updated list of all Trump’s actions that impact housing

Below is a timeline of the actions the Trump administration or Congressional Republicans have taken that impact housing since President Trump took office on Jan. 20, 2025, along with additional coverage of those topics. CFPB Tariffs HUD HUD watchdog swept up in large-scale firings of inspector general  Jan. 27 Memo mixup: Trump calls for freeze

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Trump says he’s giving “serious consideration” to releasing Fannie Mae, Freddie Mac

Two days after Federal Housing Finance Agency (FHFA) Director Bill Pulte said any decision over Fannie Mae and Freddie Mac exiting government conservatorship would be up to President Trump and Trump alone, the president has weighed in. In a message posted on Truth Social Wednesday night, Trump said “I am giving serious consideration to bringing

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Where land-use regulations are driving up housing costs

President Donald Trump has made deregulation a policy pillar for his second term — and housing regulations are up for review. Homebuilders say that federal rules have driven up the cost of building a home. Many mortgage professionals want to release Fannie Mae and Freddie Mac from conservatorship. And there were no shortage of complaints

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Fraud, mismanagement led to millions in losses for Houston Housing Authority

As issues continue to persist across the country for local housing authorities, the situation in Houston has led to an investigation by prominent local media outlets and a commissioned report by outside legal counsel. The probe found that mismanagement of contractors and the submission of fraudulent paperwork likely led to millions of dollars in losses.

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What’s the goal of ending the Fannie and Freddie conservatorship?

The government-sponsored enterprises (GSEs) have been under the conservatorship of the federal government since the 2008 financial crisis, and for some time now many in the mortgage industry have thought this should end. But what is the goal of ending the conservatorships for Fannie Mae and Freddie Mac? GSE reform was up for debate at

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MBA’s Bob Broeksmit: ‘The CFPB is listening’ to industry concerns

The Mortgage Bankers Association (MBA) highlighted the deregulatory efforts of the Trump administration at its Secondary and Capital Markets Conference in New York this week, including work at the CFPB. But on the topic of releasing the government-sponsored enterprises (GSEs) from conservatorship, MBA president and CEO Bob Broeksmit said he isn’t expecting action anytime soon.

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HUD secretary tours Nevada federal land to talk housing development

The secretaries of the U.S. departments of Housing and Urban Development (HUD) and the Interior (DOI) journeyed to southern Nevada in an effort to highlight the Trump administration’s plan to sell federal lands to private developers for the purposes of housing development. Joined by Nevada Gov. Joe Lombardo (R) and Rep. Mark Amodei (R-Nev.), HUD

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CFPB seeks rescission of pandemic-era mortgage servicing rule

The Consumer Financial Protection Bureau (CFPB), under the leadership of acting director Russell Vought, is continuing to assess regulations it deems outdated or unnecessary. To that end, the bureau published a notice in the Federal Register this week that seeks to rescind a 2021 rule which “temporarily permitted mortgage servicers to offer certain loan modifications

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MBA brings on Kaitlin Hildner in policy role

The Mortgage Bankers Association (MBA) announced on Friday afternoon that Kaitlin Hildner has joined the association, taking on the role of Associate Vice President of Loan Administration Policy. In her role, Hildner will help lead the development and implementation of MBA’s strategy on legislative, regulatory and other industry issues related to loan administration and mortgage

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