Privacy, Foreign Investment & Rates
South Korea is ramping up its investment in U.S. mortgage-backed securities through a new deal with HUD and Ginnie Mae, showing strong foreign interest despite ongoing trade tensions. Meanwhile, the Senate has approved the Homebuyers Privacy Protection Act to curb unwanted credit offers from trigger leads and enhance consumer privacy. Additionally, the Iran-Israel conflict is pushing global investors towards safer assets like U.S. Treasurys, which might lower mortgage rates but also add uncertainty to the housing market.
