Regulation and Compliance

A coalition of U.S. senators is urging the CFPB to withdraw a proposed rule eliminating disparate impact enforcement under ECOA, warning it would exacerbate housing affordability challenges and restrict access to credit

Fannie Mae extends its $2,500 credit for very low-income borrowers for another year, while both Fannie Mae and Freddie Mac align their manufactured housing programs to promote consistency in lending standards

Fannie Mae’s December 2025 report shows modest growth in its guaranty book and largely stable credit conditions, with delinquency rates near historic lows despite elevated mortgage rates and slower home sales

A potential lapse in the National Flood Insurance Program threatens to stall thousands of home sales, disrupt mortgage approvals, and strain housing markets in flood-prone regions nationwide

President Trump has nominated Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, highlighting his market experience and stances on inflation and monetary policy

State banking and mortgage regulators argue the OCC’s proposed escrow interest preemption rule is unlawful, would undermine state consumer protections, and shift costs from national banks onto homeowners

The class-action claims Rocket Mortgage’s referral practices violated federal law and limited consumer choice

HUD has ordered immediate citizenship and immigration status verification across federally assisted housing, a move that could accelerate rental turnover and indirectly influence entry-level homebuyer demand while signaling tighter eligibility enforcement

Major banking, credit union, and mortgage trade groups are pressing the Trump Administration for immediate regulatory changes to lower mortgage costs and ease first-time buyer affordability pressures

A recent House Financial Services Committee hearing spotlighted sharp partisan divisions over HUD and FHA oversight, housing affordability, civil rights enforcement, and the agency’s direction under the Trump administration