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Weekly Roundup: Feb. 16th, 2018

Trump's 2019 HUD budget includes extended Fannie & Freddie guaranty fees, a fee to lenders for FHA tech updates and cuts to several of HUD's housing programs. Watch our video on the proposed budget & more of this week's news!

 February 15, 2018

  • The 4th Request for Information by the CFPB is out this week.
  • The CFPB also published their Strategic Plan for the next 5 years.
  • Dodd-Frank released their 2018 State of the Industry Report.
  • The Trump Administration released their proposed 2019 budget for HUD this week. Some experts say the proposal has little chance of passing.
  • The budget proposal includes $2 million to the new EnVision Centers Demonstration. The program operates on the notion that financial assistant alone is insufficient to solving poverty.
  • Roostify raised $25 million and will soon serve as the digital mortgage process for JPMorgan Chase.