Top 10 U.S. mortgage lender CrossCountry Mortgage (CCM) on Wednesday announced that it has increased its conforming loan limit to $819,000, joining the list of lenders that are moving in advance of the projected 2026 loan limits to be released later in the year by the Federal Housing Finance Agency (FHFA). “Today’s housing market can […]
CrossCountry Mortgage raises conforming loan limit to $819,000 Read More »
On Tuesday, Federal Housing Finance Agency (FHFA) Director Bill Pulte took to X to announce the agency’s termination of the advisory committee on affordable, equitable and sustainable housing, also known as ACAESH. “Effective Immediately, U.S. Federal Housing is TERMINATING Biden’s ‘racial equality committee’ which was dishonestly labeled ‘Affordable, Equitable, and Sustainable Housing.’ We are, instead,
Pulte says FHFA is terminating equitable housing committee Read More »
Congresswoman Maxine Waters (D-Calif.), the top Democrat on the House Financial Services Committee, sent two letters this week that seek investigations into actions by President Donald Trump at the Federal Reserve. One letter was sent to John Allen, the acting inspector general of the Federal Housing Finance Agency (FHFA), while the other was addressed French
Waters urges Fed independence, FHFA probe in Trump-Cook fight Read More »
The number of consumers whose rent payments are reported to credit reporting agencies rose to 13% in 2025, according to TransUnion‘s latest Rent Payment Reporting analysis, released on Wednesday. That number is up from 11% in 2024. In a press release, the company suggested that this trend may gain momentum after the July 2025 directive
Consumers are increasingly self-reporting rent payments, TransUnion says Read More »
A coalition of 46 independent mortgage banks (IMBs) is calling for guarantee-fee parity and a competitive cash window in a letter sent Friday to U.S. Treasury Secretary Scott Bessent and Federal Housing Finance Agency (FHFA) Director Bill Pulte. The push comes as the Trump administration signals plans to move forward with a stock offering for
IMBs urge Treasury, FHFA to preserve guarantee-fee parity Read More »
The battle between Federal Reserve Board Governor Lisa Cook and the Trump Administration over mortgage fraud allegations and their implications intensified this week. Cook filed a temporary restraining order and issued court summons to several high profile officials in a lawsuit filed to block attempts to fire her over alleged misrepresentation, and housing regulator Bill
Pulte posts new criminal referral as Cook escalates lawsuit Read More »
The Federal Housing Finance Agency (FHFA) signed off on Rocket Companies’ acquisition of Mr. Cooper Group but imposed a 20% cap on Fannie Mae and Freddie Mac servicing exposure — leaving analysts split on what comes next. BTIG analysts Eric Hagen and Jake Katsikas estimate Rocket controls $400 billion unpaid principal balance in Fannie and
Analysts split on what happens next with Rocket–Mr. Cooper servicing book Read More »
The Federal Housing Finance Agency (FHFA) said Tuesday it has allowed Fannie Mae and Freddie Mac to approve Rocket Companies’ planned acquisition of Mr. Cooper Group, noting the combined company should not exceed a 20% counterparty risk limit set for the government-sponsored enterprises (GSEs). Detroit-based Rocket announced in March that it would acquire Mr. Cooper
FHFA clears Rocket’s $9.4B acquisition of Mr. Cooper, with safeguards Read More »
President Trump is demanding the resignation of Federal Reserve Governor Lisa Cook after his housing chief accused her of lying on mortgage applications. The allegations, if true, could force a shake-up at the central bank and hand Trump another appointment. “Cook must resign, now!!!” Trump wrote in a Truth Social post Wednesday, including a link
Trump calls on Fed’s Cook to quit over mortgage probe Read More »
Housing regulator Bill Pulte has posted a video that sheds a little more light on the Great American Mortgage Corporation, an entity President Trump has hinted earlier could be headed toward a public offering this year. The video Pulte posted on X promotes President Trump’s housing role and alludes to his criticism of other policymakers’
Trump, Pulte spotlight ‘Great American Mortgage’ plan Read More »