Nov 5, 2026 · 26 min
Election uncertainty puts mortgage policy and Texas growth in focus
Scott Norman on what the midterm results mean for housing policy
The episode examines how an unsettled political landscape could affect mortgage regulation, industry advocacy and Texas’s ability to build enough homes.
- 1Mortgage advocates must track congressional leadership and committee assignments before judging the new policy environment.
- 2The CFPB’s future remains uncertain as policymakers assess the scale and mechanics of the political shift.
- 3Texas retains strong growth prospects, but continued migration makes faster homebuilding an urgent priority.
Don't miss
Norman connects Texas’s continued migration and corporate growth to an urgent need for more homebuilding.
The brief
Sarah Wheeler speaks with Scott Norman, CEO of the Texas Mortgage Bankers Association, about what the midterm results could mean for housing policy nationally and in Texas.
Norman says mortgage advocates need to understand congressional leadership and committee assignments, while preparing to work with either party as the new Congress takes shape.
The CFPB and federal mortgage regulation sit at the center of the uncertainty: the political shift is clear, but its scale and mechanics will take time to assess.
In Texas, Norman points to corporate growth and migration as strengths, but says the state must expand homebuilding to accommodate new residents and sustain its momentum.
The episode’s central tension is between Washington’s unsettled policy direction and Texas’s concrete supply challenge: advocacy can adapt, but homes still have to be built.
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