US housing lenders and state agencies are raising concerns that the Trump administration could wind down a financing programme, Semafor reports; the FY27 budget projects no new commitments for the programme

The concerns regarding the potential winding down of the financing program under the Trump administration could signal instability in the housing market, impacting investor sentiment. If these plans move forward, it may lead to tighter conditions for mortgage lending and could also provoke broader repercussions on associated assets, including equities and currencies. Overall, markets may anticipate adjustments in risk exposure in response to these developments.