Donald Trump

HUD orders housing agencies to verify tenant eligibility

The Department of Housing and Urban Development (HUD) has ordered public housing authorities and property owners participating in federal housing programs to verify tenant eligibility as it relates issues including undocumented immigration. HUD Secretary Scott Turner said the directive is part of a broader effort to review eligibility and compliance in HUD-assisted housing. “We will […]

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Tapping a 401(k) for homeownership is risky business, experts say

President Donald Trump has floated proposals to make it easier for Americans to pull from their 401(k) retirement accounts to buy a home — framing the idea as a way to boost homeownership and financial stability. But financial experts say the strategy could undermine long-term financial security, particularly as housing costs rise and retirement savings

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Real estate leaders applaud Trump’s focus on housing, but question the impact

During his speech at the World Economic Forum in Davos on Wednesday President Donald Trump outlined three policy initiatives he was undertaking to help improve housing affordability for American consumers. In the speech, he did discuss his “ban” on large institutional investors purchasing single-family homes, his direction to the government-sponsored enterprises (GSEs) to acquire up

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Trump’s 401(k) proposal could help homebuyers, hurt retirement funds

President Donald Trump’s expected proposal to allow Americans to tap their 401(k) retirement accounts without penalties to fund down payments could ease one of the biggest barriers to homeownership, but it could come at the cost of weakening long-term retirement security. The idea was absent from Trump’s speech on Wednesday at the World Economic Forum

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Trump to outline housing affordability proposals at Davos

Housing industry participants will closely watch President Donald Trump in Davos, where he is expected to outline measures aimed at improving housing affordability. His speech is expected for Wednesday. Potential initiatives include ideas Trump has already floated on social media, such as encouraging Fannie Mae and Freddie Mac to expand their purchases of mortgage-backed securities

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DOJ investigation clouds future of Fed chair nomination

The future of the Federal Reserve‘s leadership is in limbo due to an investigation into current Fed Chair Jerome Powell that has prompted bipartisan backlash. Following the news about a Department of Justice (DOJ) probe into Powell, Sens. Thom Tillis (R-N.C.) and Elizabeth Warren of (D-Mass.) accused Trump of using the DOJ to pressure Powell

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DOJ probe into Powell prompts bipartisan backlash

Following Federal Reserve Chair Jerome Powell’s disclosure on Sunday that the Department of Justice (DOJ) has issued grand jury subpoenas to the central bank, the investigation has triggered political backlash on Capitol Hill. Sen. Thom Tillis (R-N.C.), a member of the Senate Banking Committee, said he backs Powell and accused the DOJ of threatening the

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Mortgage rates drop below 6% following Trump’s MBS announcement

It finally happened today: We got mortgage rates under 6% for a short time. Can we get some traction for that level? Well, one aspect of the mortgage-rate story really improved today; we had a monster day in mortgage spreads, improving overnight to push rates down over 20 basis points without much help from the

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ATTOM: Home affordability stays strained across the country

Homes remained less affordable than historic norms in nearly every U.S. county at the end of 2025, despite modest improvements late in the year, according to ATTOM’s latest U.S. Home Affordability Report, released Thursday. In 586 of the 594 counties analyzed (or 99%), median-priced single-family homes and condominiums were less affordable than historic averages in

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Trump directs GSEs to purchase $200B in mortgage bonds in 2025

Fannie Mae and Freddie Mac quietly increased their purchases of mortgage-backed securities (MBS) in 2025, helping push mortgage spreads lower toward the year’s end. Most analysts, however, were not expecting further meaningful tightening in the near term — at least until this week. That changed Thursday after President Donald Trump posted on social media that

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