White House

White House expects reverse mortgages to continue producing government receipts

FHA, HECM, HUD, HWmember, Regulatory, Reverse, White House / Ricky Vasquez

Following last month’s release of the so-called “skinny budget” from the White House, the Office of Management and Budget (OMB) has released a 1,200-plus page appendix for the proposal. It includes projections related to the performance of the Home Equity Conversion Mortgage (HECM) portion of the Mutual Mortgage Insurance (MMI) Fund. According to the data […]

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Trump to Powell: It’s a ‘mistake’ to not lower interest rates

Donald Trump, Federal Reserve, HWmember, Interest rates, Jerome Powell, Monetary policy, Mortgage, Politics, Regulatory, Trump administration, White House / Ricky Vasquez

President Donald Trump met Thursday with Federal Reserve Chair Jerome Powell at the White House to discuss economic developments, as Trump continues to press the Fed to lower interest rates. During the meeting, Trump told Powell he’s making “a mistake” by not lowering interest rates, the White House said Thursday. The meeting was at Trump’s

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Potential picks for CFPB director after McKernan nomination pulled

Bloomberg, CFPB, Housing Market, HWmember, Politics, Regulatory, Regulatory Compliance, Senate, White House / Ricky Vasquez

With notable bumps in the road and quickly changing priorities, the road ahead for the Consumer Financial Protection Bureau (CFPB) during the second Trump administration remains clouded. The White House previously nominated someone for the CFPB’s director position who is largely seen as ideal by housing organizations across party lines. But that nominee, Jonathan McKernan,

Potential picks for CFPB director after McKernan nomination pulled Read More »

White House expects reverse mortgages to continue producing government receipts

Trump to Powell: It’s a ‘mistake’ to not lower interest rates

Potential picks for CFPB director after McKernan nomination pulled

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