HousingWire

• Trump allies fear DOGE’s methods to dismantle CFPB could backfire: report
  Not everyone in the Trump orbit is apparently happy with Elon Musk‘s Department of Government Efficiency (DOGE) method of picking apart the Consumer Financial Protection Bureau (CFPB). Some Trump aides and advisers fear that DOGE is “moving too fast and breaking too many things,” Bloomberg reported Saturday.
• Christie’s Sereno founders explore their history and dissect a key business decision
  Chris Trapani and Ryan Iwanaga share their journey from childhood friends to leading Northern California’s largest independent brokerage.
• Rocket plays the long game with its renter rewards program
  The recently announced RocketRentRewards program from Rocket Mortgage — which the company says is the homeownership industry’s first offer to provide closing cost credits for renters — allows homebuyers who use Rocket as their lender to earn 10% back on their last 12 months of rental payments.
• NC governor needs $1.4B in block grants for post-Helene recovery. That could be a problem
  The governor has requested additional funding from Congress, but the possibility of deep HUD cuts complicates the path ahead.
• InGenius hires Sue Woodard as chief customer officer
  Mortgage and real estate data provider InGenius has tapped industry veteran Sue Woodward as its new chief customer officer.
• GOP bills would eliminate funding for the CFPB
  Two Republican lawmakers from Texas have introduced bills that would end funding for the Consumer Financial Protection Bureau (CFPB), the latest in a series of swift moves by the Trump administration that target the embattled regulator.
• Longbridge CEO Chris Mayer on reverse mortgage partnerships with forward companies
  Longbridge CEO Chris Mayer speaks with HousingWire's RMD about forward mortgage partnerships and the potential of HECM for Purchase.
• With Ginnie Mae under fire, concern about market disruption is growing
  Ginnie Mae is a target of DOGE, but housing companies are pushing back according to reporting from Bloomberg.
• Trump’s special envoy says California wildfire aid will come with conditions
  Richard Grenell, the special envoy to President Donald Trump, said there will be strings attached to California wildfire aid, Politico reported on Friday.
• Mortgage rates fall as economic softness sends bond yields lower 
  Mortgage rates decreased again today on weak economic data, following last Friday's similar drop in the 10-year yield.