Items Tagged with 'President Trump'

ARTICLES

  • Housing News Podcast: AIME's Anthony Casa explains why the Blue Water Navy Vietnam Veterans Act is a win for the mortgage industry

    Listen to this week's latest episode
    Each week, HousingWire interviews financial services experts who can help make sense of the latest headlines, sponsored by our partners at Blend. This week, Anthony Casa, the chairman of the Association of Independent Mortgage Experts and the founder and former president of Garden State Home Loans, explains why President Donald Trump's decision to back the Blue Water Navy Vietnam Veterans Act is good news for the mortgage industry.
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  • Washington Post: Government likely to remain partially shut down through new year

    Democrats plan to roll out funding bill that excludes Trump's border wall
    It’s been almost a week since the government entered a partial shutdown, attributed to growing tensions between the president and Congress. Unfortunately, as the year comes to an end, it’s now clear that any hope for a resolution has been diminished, according to reporting from the Washington Post.
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  • HUD Deputy Secretary Pam Patenaude resigns

    Ends 35-year career in housing
    "It has been my honor to serve President Trump and Secretary Carson and I am deeply grateful to both for this opportunity," her resignation letter states. "I will continue to promote the President's agenda to make this nation stronger and more prosperous for every American."
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  • Trump threatens additional $267 billion tariff on Chinese goods

    Could further harm residential construction
    On Friday, President Donald Trump announced plans to impose a $267 billion tariff on Chinese goods, further escalating an unprecedented trade war. The National Association of Home Builders Chairman Randy Noel said implementation of the tariffs could potentially disrupt an already struggling residential construction industry.
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  • Ryan rejects Trump’s looming trade war

    Trade war could potentially make mortgage rates unaffordable for homebuyers
    House Speaker Paul Ryan rejected President Trump’s recent trade policies, warning of the potential harm tariffs could have on the U.S economy, according to an article by Ana Edgerton for Bloomberg. Trump’s trade war has the potential to negatively impact the housing market because surging inflation could result in higher mortgage rates.
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  • Fitch: Trump tax cuts could force another Fannie Mae, Freddie Mac bailout

    Corporate tax rate cut could lead to additional Treasury draw
    Speaking before a meeting with airline executives, President Donald Trump said Thursday that his administration plans to unveil a tax reform plan in the coming weeks, with changes to corporate and personal taxes likely on the agenda. While those changes would likely be well received by corporate America, a new report from Fitch Ratings suggests that cutting corporate tax rates by as much as the president suggested could lead to Fannie Mae and Freddie Mac needing another bailout from the government.
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  • The battle behind Trump’s Treasury pick centers on robo-signing controversy

    The devil is in the mortgage servicing details
    The battle surrounding President Donald Trump’s U.S. Treasury Secretary pick Steven Mnuchin is nearing an end as the nomination finally cleared to move before the Senate floor. His process to get there was filled with a lot of roadblocks that date back to his supposed role in the financial crisis. Here’s what exactly was stopping his nomination from moving forward.
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  • The future of TRID hangs in the balance amid Trump regulatory actions

    Will the industry ever get the answers it needs on TRID?
    A freeze on a final rule of the Consumer Financial Protection Bureau’s Know Before You Owe mortgage disclosure rule, also called TRID, could become an unfortunate side effect of Trump’s executive order on Monday. The last status update the bureau gave the industry was that it would weigh submitted comments and then issue a final rule. But will the industry ever get its much-needed answers to TRID with the new regulatory actions Trump announced?
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