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.