NMP Managing Editor Eric C. Peck has 25-plus years’ experience covering the mortgage industry. He graduated from the New York Institute of Technology, where he received his B.A. in Communication Arts/Media. After graduating, he began his professional career in New York City with Videography Magazine before landing in the mortgage finance space. He has edited three published books, and has also served as Copy Editor for Entrepreneur.com.
President Trump has proposed to bar institutional investors from buying single-family homes, framing the move as a bid to restore housing affordability
New executive order seeks to establish federal primacy over AI regulation by preempting state laws, creating a litigation task force to challenge conflicting statutes, and advancing a unified national framework
A bipartisan group of lawmakers has introduced the Housing for the 21st Century Act to modernize federal housing policy, reduce regulatory barriers, and increase the supply and affordability of homes nationwide
The Federal Reserve delivered its third rate cut of 2025 by lowering the federal funds rate another 0.25 points, sparking mixed views within the FOMC
A coalition of housing leadership organized by the J. Ronald Terwilliger Center for Housing Policy is urging Congress to enact bipartisan, comprehensive housing legislation to address the nationwide affordability crisis
Office of Management and Budget official has been nominated by the Trump administration as director of the Consumer Financial Protection Bureau for a five-year term
In a recent court filing, OMB Director Russell Vought contends that the Bureau is legally barred from drawing funds from the Federal Reserve, the mechanism through which it has traditionally been financed
While VA loans provide a great opportunity for first-time veteran homebuyers to purchase a home without a substantial downpayment, the tradeoff of a bigger loan with higher monthly costs has some vets opting for conventional loans
FHFA Director hints that the Trump administration is working on a new mortgage term to increase homeownership and combat affordability
For the third quarter of 2025, United Wholesale Mortgage capitalized on a “rate rally” that saw sliding mortgage rates push total loan origination volume upward