Washington Gets Practical: The ROAD to Housing Act + GSE Reform
Two big storylines are driving this week’s policy chatter — and both could reshape how buyers experience the mortgage market in 2026.
1️⃣ FHFA’s LLPA Review:
FHFA Director Bill Pulte has launched a full review of Loan-Level Price Adjustments (LLPAs), the system that determines risk-based pricing for conventional loans. The goal: simplify, modernize, and reduce costs for middle-income borrowers.
2️⃣ The ROAD to Housing Act (S.2651):
The bipartisan Renewing Opportunity in the American Dream Act passed the Senate with broad support. The $15 billion program rewards local governments that speed up permitting and zoning reforms, encourage higher-density builds, and expand workforce housing near transit.
Why it matters:
Together, these efforts aim to boost supply and ease pricing pressure — tackling affordability from both sides of the equation.
🐼 Let’s Talk Strategy:
Big policy shifts often lead to subtle rate and pricing changes before they hit the headlines. If you want to stay ahead of what’s next, let’s connect and unpack how these reforms could affect your clients or your next purchase.
