A home is more than a financial asset. It is where families build stability, save for the future and pass opportunity to the next generation. For many Americans, it is the largest investment they will ever make. That investment depends on a strong, transparent system that is accountable to the people it serves. When a […]
Key insight: Federal Housing Finance Agency Director Bill Pulte will be President Donald Trump’s acting director of national intelligence. What’s at stake: Pulte will remain at FHFA, where he’s used the agency’s resources and data to attack the Trump administration’s political enemies, including Sen. Adam Schiff, D-Calif., and Federal Reserve Gov. Lisa Cook. Forward look:
FHFA’s Pulte tapped for acting director of national intelligence Read More »
A coalition of fair housing and economic advocacy groups sued the Consumer Financial Protection Bureau (CFPB) and acting director Russell Vought on Wednesday, seeking to block a Trump administration-backed rule they say would weaken longstanding protections against lending discrimination. The lawsuit, filed in federal court in Washington, D.C., challenges changes made last month by the
Fair housing groups sue CFPB, Vought over ECOA fair lending rule Read More »
Key insight: The full House is expected to vote tomorrow on updated housing bill text that softens a ban on institutional investors owning some homes, removing a requirement that build-to-rent investors sell those properties within seven years. What’s at stake: The House version also includes community bank provisions that would ease rules around brokered and
House will vote Wednesday on newest version of housing bill Read More »
The Senate’s confirmation of Kevin Warsh as chairman of the Federal Reserve is already reshaping conversations across the housing industry — particularly among real estate agents watching mortgage rates, affordability and transaction volume. Warsh is set to officially succeed Jerome Powell after a contentious confirmation process held against a backdrop of elevated inflation, geopolitical instability
Real estate agents hope Kevin Warsh can calm roller coaster housing market Read More »
Kevin Warsh, President Donald Trump’s nominee to serve as the 17th chairman of the Federal Reserve, faced sharp questioning from senators on Tuesday at his confirmation hearing. Warsh asserted that he would not be the president’s “sock puppet” when determining interest rate decisions. Warsh, a former Fed governor who served during the 2008 financial crisis,
Senate questions Warsh on $100M-plus holdings and Fed ethics Read More »
Virginia Gov. Abigail Spanberger left in limbo legislation that would let faith-based organizations build affordable housing on their land without rezoning. Instead of vetoing or signing the Faith in Housing Act, Spanberger recommended changes. The recommendations keep the bill’s core intact but make targeted operational tweaks. The governor, who has only been in office since
Virginia governor’s amendments keep Faith in Housing Act in limbo Read More »
Republican lawmakers in Kentucky sought to put the state on the housing reform map with sweeping legislation to boost construction and curb rising costs. But the package collapsed in the final hours of the state’s legislative session this week, and housing advocates warn the state’s housing shortage will deepen without swift action. Kentucky’s failure shows
Kentucky housing reform bill collapses in final hours Read More »
Georgia lawmakers left the state’s main construction incentive for affordable housing untouched this year. And they offered no new relief from rising property tax valuations on apartments that rely on the Low-Income Housing Tax Credit (LIHTC) program. Senate Bill 476 served as a centerpiece of a Republican push to finance income tax cuts. The bill
Georgia LIHTC credit match stays in place for now Read More »
Key insight: The White House issued an executive order directing the Consumer Financial Protection Bureau and bank regulators to tailor mortgage rules for community banks. What’s at stake: The move is part of a broader Republican strategy to shore up its credibility around housing affordability ahead of the 2026 midterms, and comes as a bipartisan
White House order to increase small bank mortgage lending Read More »