The Rundown: TRID review, GSE capital rebuild, housing inventory’s steep decline

The Rundown is a weekly video wrap of HousingWire’s top news stories produced by HousingWire’s Alcynna Lloyd. Each week, Lloyd takes a look at the housing industry’s most intriguing stories, presenting you with a digital summary of HousingWire’s news coverage.

This week, Lloyd discusses the Consumer Financial Protection Bureau’s plan to review the TILA-RESPA Integrated Disclosure rule, the Federal Housing Finance Agency’s plan to re-propose regulation on capital requirements for Fannie Mae and Freddie Mac, and the housing market’s steep decline in inventory.

Here’s more detail on the topics of discussion this week:

The CFPB has been taking a long, hard look at some of its rules and regulations. Next up on its list to review is TRID, and it looks like eliminating the rule entirely is not off the table.

In 2018, the FHFA proposed a rule to implement new capital requirements for Fannie Mae and Freddie Mac. But a lot has changed since then. As such, the FHFA now plans to do away with the 2018 capital rule and propose new capital rules next year.

In October, America’s housing inventory fell by 9% year-over-year, representing the largest retreat since May 2018, according to the RE/MAX National Housing Report.

And here are links to the topics discussed:

1) CFPB to consider changing or eliminating TRID rule:
https://www.housingwire.com/articles/cfpb-to-consider-changing-or-eliminating-trid-rule/

2) FHFA issuing new rules on allowing Fannie Mae, Freddie Mac to rebuild capital:

https://www.housingwire.com/articles/fhfa-issuing-new-rules-on-allowing-fannie-mae-freddie-mac-to-rebuild-capital/ 

3) U.S. housing market experiences largest inventory decline since 2018
https://www.housingwire.com/articles/u-s-housing-market-experiences-largest-inventory-decline-since-2018/

3d rendering of a row of luxury townhouses along a street

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