President-elect Donald Trump’s transition team is reportedly considering sweeping structural changes to bank watchdogs, which have the potential to impact the mortgage market. 

Analysts anticipated a shift toward a more lenient regulatory environment for the financial sector under the new Trump administration, but recent discussions suggest even more drastic measures are on the table. The transition team is exploring ways to shrink, consolidate or even eliminate top bank watchdogs, The Wall Street Journal reported after speaking to people familiar with the matter.

Advisers and officials of the yet-to-be created “Department of Government details ⇒

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