The Biden administration made a big push to encourage the creation of SPCPs but the Trump administration appears to have a dim view of the programs.

“We’re consolidating divisions to focus on building more homes and strengthening safety and soundness,” said FHFA Director Bill Pulte.

The FHFA director announced regulatory cuts but no specifics were provided.

A district court issued a summary judgment in favor of Ginnie Mae in a lawsuit brought by Texas Capital Bank against the agency.

A hearing by a subcommittee of the House Financial Services Committee included consideration of 10 bills, some of which would drastically alter the CFPB’s practices.

Terminated federal probationary employees will soon be offered their jobs back if they live or work in Washington, DC or one of the 19 states that sued the Trump administration.

After Rohit Chopra was forced out, the CFPB saw two new leaders in less than one week.

Fannie Mae projects that the average interest rate for a 30-year fixed-rate mortgage will fall to 6.3% by the end of 2025.

The lawsuit covers the Consumer Financial Protection Bureau and the Department of Housing and Urban Development, among other agencies.

The CFPB plans to dismiss its case against Townstone and reverse a settlement the parties reached last year.