Industry News

The House Financial Services Committee has passed the bipartisan Housing for the 21st Century Act, aiming to expand housing supply and improve affordability by streamlining regulations, modernizing federal programs, and increasing local flexibility

The move could save FHA borrowers about $181 on monthly payments, says BAC Co-founder and Chief Advocacy Officer Brendan McKay

United Wholesale Mortgage’s $1.3 billion all-stock acquisition of Two Harbors would nearly double its MSR footprint, while strengthening long-term borrower retention and competitive positioning in the broker channel

Guaranteed Rate Affinity taps 20-year-plus industry veteran Lacey Sullivan to lead Northern California operations, growth, and talent development

The Urban Institute says innovative mortgage products like assumable, portable, or 50-year loans may improve mobility at the margins, but will not meaningfully improve affordability

Freddie Mac has named veteran financial services executive Kenny M. Smith as chief executive officer and board member, while interim CEO Michael Hutchins will continue as president

Despite record apartment construction, HUD’s 2025 report finds that severe rent burdens continue to leave roughly 8.5 million very low-income renter households with “worst case” housing needs, underscoring that affordability remains a core challenge

A new analysis shows that while homeownership remains out of reach in most major U.S. cities, regions still offer renters an affordable path to buying

A new report from FirstHome IQ finds that widespread gaps in financial literacy and trust, rather than a lack of desire, are causing millennials and Gen Z to delay homeownership, with education positioned as the key to unlocking future housing demand

ARDRI has appointed mortgage industry veteran Wesley Olison as vice president of wholesale production to support the company’s growth and strengthen broker relationships in the Non‑QM lending market