HUD says 50-year still on table, industry eyes challenges
The additional research Secretary Scott Turner acknowledged would be required should include a cost-benefit analysis, mortgage professionals suggested.
Politics and policy
The coming year will be pivotal for the Federal Reserve
The Federal Reserve is slated to undertake a number of important rules and regulations in 2026, but decisions around agency leadership and the Trump administration's avowed effort to exert greater control over the central bank are likely to leave a lasting legacy at the agency.
It’s all on the line for the CFPB in 2026
The Consumer Financial Protection Bureau will face an existential crisis in 2026 between the Trump administration's efforts to shut down the agency and the employee union and consumer advocates who want to stop them.
Dems in Congress sharpen criticism of SBA immigration rules
Democratic senators are attributing a recent decline in lending activity to a Trump administration regulation that puts new restrictions on borrowers with foreign ownership.
Inflation slows to 2.7% in surprise November CPI report
The Bureau of Labor Statistics Thursday indicated that the Core Consumer Price Index indicated that inflation rose by only 2.7% in November versus a year ago, a pace that is the slowest rate of price increases since 2021.
Freddie Mac appoints Kenny Smith as latest CEO
Michael Hutchins, the two-time interim chief executive at the government-sponsored enterprise, will remain with the company in his role as president.
Fed Gov. Miran says goods inflation may remain elevated
Federal Reserve Gov. Stephen Miran said higher goods prices could be the trade-off for bolstering national security and addressing geo-economic risks.
Inside the brewing battle over regional Fed bank leadership
Federal Reserve watchers expect a board of governors vote in February to reappoint the 12 regional Fed bank presidents — which is typically treated as a formality — to be the next flashpoint in the White House's effort to bring the central bank to heel.
How GSE changes in LLPAs, MBS could shift rates
Decision makers have voiced support for lower financing costs but researchers have said achieving it could be complicated. Part 3 in a series.
Regulators finalize revised leverage rule for big banks
The Federal Reserve, Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. issued a final rule Tuesday that softens leverage demands for the biggest and most systemically risky banks and lowers the community bank leverage ratio to 8%.
Fed’s Miran: ‘No point in getting to neutral slowly’
Federal Reserve Gov. Stephen Miran reiterated his view that monetary policy has become more restrictive than economists think, but expressed increased urgency that the central bank take strong corrective action.
Unemployment persistent, jobs up in September
The economy added an unexpectedly robust 119,000 jobs in September, though unemployment edged up to 4.4%. The report, delayed by the federal government shutdown, continues a trend of sluggish job growth in recent months.
Trump taps OMB official as new nominee for CFPB director
President Trump has nominated Stuart Levenbach, associate director of the Office of Management and Budget, to be the director of the Consumer Financial Protection Bureau. His selection allows acting CFPB Director Russell Vought to remain in place for at least another 210 days.
What Bill Ackman thinks should happen to the GSEs
The billionaire and legacy government-sponsored enterprise investor says there is a quick interim fix and they should eventually leave conservatorship.
50-year mortgage plan piles on interest, analysis finds
A 50-year mortgage would make borrowers susceptible to higher interest rates, significantly more payable interest and slower equity gains, LendingTree analysis showed.
DOJ: CFPB cannot request new funding from the Fed
The Department of Justice told a court that the Consumer Financial Protection Bureau cannot legally request funding from the Federal Reserve System, arguing that the Fed has not turned a profit since 2022 and thus cannot fund the CFPB.
Fannie, Freddie eyeing assumable or portable loans: Pulte
Two government-sponsored enterprises are looking into expanding mortgage transfers between borrowers, according to the head of their oversight agency.
Trump, Pulte float 50-year mortgage use in U.S.
President Trump and housing regulator Bill Pulte are considering introducing a 50-year fixed rate mortgage that Fannie Mae and Freddie Mac would purchase.
Effort to halt CFPB’s new PACE rules hits roadblock
A trade group for participants in the clean energy loan program argues the upcoming regulations will be too burdensome and costly for participants.
How small business lending made the shutdown real for banks
A bottleneck at the Small Business Administration in clearing federal small business loans because of the ongoing federal government shutdown is becoming an increasingly urgent issue for small and even some midsized banks.
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