Regulation and Compliance

In his State of the Union address, Trump pledged mortgage and housing cost relief through lower interest rates, potential Fed leadership changes, and aggressive housing reforms, factors that could improve affordability and boost mortgage activity

Sen. Elizabeth Warren is seeking records to determine whether major banks violated the National Mortgage Settlement by selling supposedly extinguished second mortgages that later resurfaced as “zombie” debts leading to foreclosures

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

Senior Democratic lawmakers have filed an amicus brief arguing that CFPB Acting Director Russell Vought’s reinterpretation of the agency’s funding mechanism unlawfully undermines its independence and consumer protection mandate under the Dodd-Frank Act

HUD has raised the FHA forward and reverse mortgage loan limits to reflect higher home prices and preserve access to insured mortgage credit across both low- and high-cost housing markets

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

First American Data & Analytics has integrated its RegsData compliance tool into the MeridianLink Mortgage LOS, giving lenders seamless, one-click, automated compliance monitoring to reduce risk and streamline loan closings

A group of major mortgage, banking, insurance, and real estate groups is urging Congress to pass a long-term reauthorization of the National Flood Insurance Program to prevent disruptive coverage lapses and restore stability to the housing market

Mortgage compliance has entered a new “state-centric” era in which state regulators — not the CFPB — now drive oversight, enforcement, and collaboration, requiring lenders to adopt state-by-state strategies and stronger relationships with examiners