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The House voted 358-32 to pass the highly anticipated 21st Century ROAD to Housing Act on June 23, sending the one of the most comprehensive housing reform measures in decades to President Donald Trump’s desk. The next day, Trump announced he would not sign the legislation until Congress passed a voter eligibility bill.

The D.C. Circuit Court of Appeals denied the Consumer Financial Protection Bureau’s request to fast-track its modified reduction in force order but agreed to remand the matter back to the district court on June 19.

Many commercial real estate owners and operators rely on building condition information to make informed decisions regarding maintenance, repairs and capital improvements. BBG Program Manager Diego Mora shares how Facility Condition Assessments aid commercial property owners.

The Federal Housing Administration took another step forward in its transition to utilizing the modernized Uniform Appraisal Dataset 3.6, which promises to provide a standardized, data-driven process for mortgage appraisals.

The Federal Financial Institutions Examination Council published data collected from 2025 mortgage lending transactions spread across thousands of financial institutions, as required by the Home Mortgage Disclosure Act, along with updated tools for analyzing the data.

The Federal Deposit Insurance Corp. published a notice of proposed rulemaking on June 25 to streamline certain resolution planning requirements applicable to banks with $50 billion to $100 billion.

In a highly anticipated move, the House voted 358-32 to pass the 21st Century ROAD to Housing Act on June 23, sending the measure to the desk of President Donald Trump to await his signature. Trump indicated via social media that he does not plan to sign the bill until Congress passes the Safeguard American Voter Eligibility (SAVE) Act.

The Federal Open Market Committee recorded its first interest rate vote under new Fed Chairman Kevin Warsh and its first unanimous vote in nearly a year, electing to maintain the federal funds target range at 3-1/2 to 3-3/4 percent. Dodd Frank Update turned to First American Deputy Chief Economist Odeta Kushi for insight about what the move could signal for the months ahead.

The Federal Housing Finance Agency published its 2025 Annual Report to Congress on June 15, detailing its oversight of entities under its scope of supervision as well as its position that Congress should provide the agency new enforcement authority.

How, not just when an appraiser reacts to legal accusations could mean the difference when answering charges in a courtroom. At the 2026 Appraiser’s Conference and Trade Show, attorney Craig Capilla, of Franklin, Greenswag, Channon and Capilla, shared his suggestions for appraisers facing legal liability.

As regulatory oversight continues to evolve, real estate professionals have an opportunity to take a more proactive role in protecting consumers throughout the transaction process. Mike Silver with Spencer Fane, LLP and Justin Wiseman with the Mortgage Bankers Association will speak to the shifting federal rules and what needs to happen to ensure consumer protection on October Research, LLC’s, webinar “Taking Ownership of Consumer Protection” on June 24.

In light of its April final rule amending key fair lending requirements, the Consumer Financial Protection Bureau rescinded a 2020 advisory opinion on Regulation B, an implementing rule for the Equal Credit Opportunity Act.

Lawmakers in the House and Senate reached a deal to reconcile their respective versions of the 21st Century ROAD to Housing Act on June 16, bringing Congress seemingly to the precipice of passing the long-awaiting housing legislation. Dodd Frank Update sought insight from Garris Horn Co-Managing Partner Troy Garris about what lenders should know.

The House Financial Services Committee held its annual hearing to evaluate the actions of the four federal prudential regulators of the U.S. financial system. The discussion focused primarily on the agencies’ work to “right-size” financial regulations while still promoting innovation.

Dodd Frank Update recently sought insight from Brent Bowen, president of Texas Valuation Professionals, Inc. in Plano, Texas, about the impact of artificial intelligence on appraisal. A lot depends on the skill of the user, he said.

At this year’s National Settlement Services Summit (NS3) in Kansas City, Mo., Dodd Frank Update sat in on the session “From Token to Title: Applying Cryptocurrency for Real Estate Opportunities.” The panelists discussed a new universal payment token that is being marketed as a crypto asset that can be used by consumers to help them with home purchases and other transactions.

Federal financial agencies issued a rule establishing joint technical standards for data submitted to certain financial regulatory agencies on June 12, implementing provisions of the Financial Data Transparency Act of 2022.

The U.S. Department of Veterans Affairs recently published a list of precautions veterans and servicemembers should consider when considering refinancing options. NewDay USA Chief Revenue Officer Franco Greco said veterans should look for lenders who take the time to understand their needs in comments provided to Dodd Frank Update.

President Donald Trump has nominated Brian Johnson to serve as the permanent director of the Consumer Financial Protection Bureau for a five-year term. Johnson spent more than two years in senior leadership roles at the bureau during Trump’s first term before leaving for the private sector.

Although Congress passed the VA Home Loan Program Reform Act (H.R. 1815) on July 15, 2025, authorizing the VA to establish a five-year partial claim program, the development process has taken nearly a year. Donna Schmidt, president and CEO of DLS Servicing and WaterfallCalc, told Dodd Frank Update the delay has less to do with the VA dragging its feet and far more to do with political hangups, staffing cuts and a lack of collaboration between federal agencies.

Class Valuation Chief Operating Officer Chris Flynn sat down with Dodd Frank Update to discuss how the Uniform Appraisal Dataset 3.6 update represents more than a simple form change. It’s a fundamental transformation of the appraisal process.

A coalition of financial services organizations pressed the Federal Housing Finance Agency to expedite its work toward meeting housing policy goals described in a recent executive order issued by President Donald Trump, particularly those aimed at modernizing property valuations.

Fannie Mae and Freddie Mac recently made First American Mortgage Solutions’ ACI Sky Workbench platform a verified support platform for Uniform Appraisal Dataset (UAD) 3.6 specifications.

The Financial Crimes Enforcement Network, federal banking agencies and the Consumer Financial Protection Bureau issued advisories for financial services providers related to immigration. These were issued in response to President Donald Trump’s executive order on the matter.

Eighteen months into the Trump administration’s mission to scale back the Consumer Financial Protection Bureau’s footprint on the financial markets, the clash between federal officials and their most outspoken critics has not eased up.

The U.S. District Court for the Northern District of Illinois issued an injunction on June 1, preventing Illinois from enforcing a law prohibiting financial institutions – including national banks and federal credit unions – from charging credit or debit card fees on the sales tax and gratuity portions of a transaction.

The American Valuation Society founder and President Gynell Vestal recently spoke with Dodd Frank Update about her organization’s efforts to, in addition to many other things, promote the value of valuation to the public.

Federal Housing Administration Commissioner Frank Cassidy announced he was stepping down from his role to enter the private sector on June 3. His departure came only six months following his Senate confirmation.

Veros Real Estate Solutions, a company utilizing risk management and collateral valuation services, recently launched VeroSCORE for Uniform Appraisal Dataset 3.6.

The U.S. Supreme Court was asked to rehear arguments regarding the applicability of federal preemption standards to state laws requiring banks to pay interest on mortgage escrow accounts. The request highlighted the split among federal judges over their interpretations of the preemption standard.

A quartet of advocacy groups is suing the Consumer Financial Protection Bureau over its final rule amending Regulation B, the implementing regulation of the Equal Credit Opportunity Act. The plaintiffs argued that the final rule exceeds the bureau’s statutory authority and relies on “conclusory assertions and speculation.”

For this monthly installment of appraisal advice from Dustin Harris, “The Appraiser Coach,” we learn how the spring season can bring many changes to the appraisal profession, including a busier schedule.

Class Valuation recently announced a partnership with Makena, a property data platform designed to help enterprises collect accurate, structured and actionable property data at scale. Through the partnership, Class Valuation appraisers will gain access to InstaPlan, Makena’s mobile data collection and floor plan application, as they prepare for the wide-scale UAD 3.6 mandate on Nov. 2.

Mortgage Bankers Association Chief Economist Mike Fratantoni issued commentary describing key takeaways from the latest employment numbers released by the U.S. Bureau of Labor Statistics on June 5.

President Donald Trump signed an executive order, titled “Promoting Advanced Artificial Intelligence Innovation and Security,” on June 2. The directive seeks to facilitate access to new artificial intelligence innovations while also safeguarding the U.S. against AI-enabled threats to national security.