Two Republican-sponsored bills are seeking to reverse recent FHFA adjustments to mortgage fees on the grounds that the Biden-appointed director of the FHFA is penalizing financially responsible borrowers.

In contrast, a bipartisan bill aims to reinstate the tax deduction on mortgage insurance premiums claimed by millions of middle-class homeowners prior to its expiration at the end of the 2021 tax year.   

Read more about these and other stories in our roundup of political news in the industry.