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News for: Mortgage Legislation
Showing 1 - 2 of 2 results
Jan 27, 2026 2:31 AM — Mortgage Legislation
Maine bill targets MIP costs, lower rates for homebuyers
A Maine real estate agent is proposing a bill that would give homeowners a state tax deduction on mortgage insurance premiums as well as offer grants to help lower loan payments. The bill is part of the bipartisan Housing for the 21st Century Act, which recently passed the House Financial Services Committee.
Sep 6, 2025 3:25 AM — Mortgage Legislation
Pres. Trump signs mortgage trigger leads ban into law
President Trump signed the Homebuyer Privacy Protection Act into law, which prohibits credit companies from sharing consumer data with third-party lenders. Fannie Mae and Freddie Mac have also made changes to their policy regarding disclosures and retention rules for valuation appeals. Despite these changes, collective earnings from both companies are expected to increase significantly.
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