As voters head to the polls Tuesday, Washington is weighing changes to refinancing costs, loan pricing, and lending regulations
Housing affordability has become a major issue heading into Tuesday’s midterm elections. But for mortgage lenders and originators, some of the decisions that could matter most in 2027 are already underway, regardless of which party controls Congress.
The Trump administration is pursuing changes to refinancing costs and mortgage insurance cancellation, while the Mortgage Bankers Association is pushing for lower credit-reporting expenses, more flexible loan officer compensation rules, and reductions in government-backed loan costs.
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