Pulte won’t cut conforming loan limits for Fannie, Freddie

FHFA Director Bill Pulte said Tuesday that he won’t cut the conforming loan limits for loans bought by Fannie Mae and Freddie Mac, ending speculation that the Trump administration would look to substantially shrink the size of the two GSEs through limiting the size of loans they could buy. This is a

Michigan AG, former CFPB director say diminished agency puts consumers at risk

Given court decisions in prior years that limit Michigan’s ability to enforce consumer protection laws, the state is reliant on the Consumer Financial Protection Bureau (CFPB) for regulatory enforcement. This would leave Michigan consumers vulnerable if the agency is severely scaled back or closed a

HUD, DHS seek to stop undocumented immigrants from using federal housing programs

After signing a new interagency memorandum of understanding (MOU), the Department of Housing and Urban Development (HUD) and the Department of Homeland Security (DHS) will collaborate in an attempt to keep undocumented immigrants in the U.S. illegally from accessing housing programs funded by U.S. t

Fannie Mae’s title waiver pilot program, one year later

In March 2024, Fannie Mae launched a title waiver pilot program that allowed approved lenders to use an automated title review process to assess title risk during loan manufacturing and prior to loan purchase. The pilot is limited to certain refinance loans with loan-to-value ratios less than 80% in