Rep. Hensarling Will Not Run for Re-Election

Nov 01, 2017

A news report that Fannie Mae General Counsel Brian Brooks allegedly violated the federal prohibition on lobbying by the government-sponsored enterprises (GSEs)

One of the most powerful figures on Capitol Hill has abruptly announced that he will retire at the end of his term in 2018.

According to a Dallas Morning News report, Rep. Jeb Hensarling (R-TX), Chairman of the House Financial Services Committee, will not seek re-election next year. The 60-year-old Hensarling has represented Texas’ Fifth Congressional District since his November 2002 election.

“Although service in Congress remains the greatest privilege of my life, I never intended to make it a lifetime commitment, and I have already stayed far longer than I had originally planned,” Hensarling said in a statement, adding that he was eager to spend more time with his family.

Unlike other Capitol Hill Republicans, including Sens. Bob Corker and Jeff Flake, who announced their retirement based on unhappiness with their party’s direction under President Trump, Hensarling had no rancor towards the White House and the state of the Republican movement. "Quite the opposite," he said. "I'm rather enjoying it."

For the remainder of his term, Hensarling pledged to focus on housing finance, regulatory and tax reform, along with cybersecurity issues.

About the author

Phil Hall

Link copied

Published

Nov 01, 2017

Sales and Marketing

NMP Deep Dive: The AI Workforce

AngelAi demonstrates how AI agents can handle routine mortgage work, increase originator capacity, and reduce operating costs

Artificial intelligence is moving beyond answering questions and generating content. Increasingly, it can complete the routine work that consumes an originator’s day.That shift could allow mortgage companies to increase production without adding support staff at the same rat...

Analysis and Data

Higher Rates Cool July Mortgage Locks While Non-QM Pushes Past 10%

Purchase locks fell 12% from June as the conforming share dropped to 47.3%, extending the mortgage market’s shift toward more specialized products

Higher mortgage rates erased June’s improvement in borrower demand during July, but the retreat in overall activity concealed a continued shift in where mortgage production is coming from.Total rate-lock volume fell 11.4% from June as Optimal Blue’s benchmark 30-year conform...

Nov

Houston, TX

More from

Regulation and Compliance

CHLA Uses Trump Mortgage Order To Renew Push For LO Comp Reform

Community lenders want more flexibility over employee compensation, closing-cost estimates, down payment assistance, and federal supervision of smaller IMBs

Regulation and Compliance

Aug 10, 2026

Servicers Begin Testing Systems Ahead of VA Partial Claim Deadline

VA lenders and servicers have until Nov. 28 to implement the new loss mitigation waterfall and Partial Claim Program

Regulation and Compliance

Aug 06, 2026

ROAD Act’s Housing Incentive May Be Too Small To Move Supply

Realtor.com finds the median city risks losing only about $84,000, although the policy could carry more weight in supply-starved Northeast and Midwest markets

Regulation and Compliance

Aug 05, 2026

CRA Proposal Could Reshape Bank Lending And Affordable Housing Investment

The OCC and FDIC would put more weight on lending while easing community development requirements for hundreds of banks

Regulation and Compliance

Aug 05, 2026

Fannie Mae AI Governance Deadline Arrives Aug. 6

Seller/servicers using artificial intelligence in origination or servicing must have formal policies, oversight, and vendor controls in place

Regulation and Compliance

Jul 31, 2026

Condo Review Deadline Puts Lenders On The Clock

Fannie Mae and Freddie Mac will eliminate abbreviated project reviews for condo applications dated on or after Aug. 3