In this episode of Lending Forward, host Hannah McManus sits down with Len Wolfson, Principal at Breakaway and former Acting FHA Commissioner, to break down the “One Big Beautiful Bill” and its impact on housing policy. Len shares insights from his decades in Washington, including his time at HUD and FHA, and explains key provisions that matter most to homebuyers, lenders, and the housing market at large. From making the Low-Income Housing Tax Credit permanent to restoring mortgage insurance deductibility, Len outlines how these changes could influence affordability and supply in the years ahead. The conversation also dives into GSE reform, agency-level deregulation, and why bipartisan momentum in housing policy is giving him hope for the future. Lending Forward is the home for real discussions about the industry we love. Hear first-hand accounts every week from the people at the heart of the business – Mortgage Bankers, Realtors, Financial Advisors, Coaches, and more – as they cultivate transparency around the future of lending. So tell us, how are you lending it forward? And a big thank you to Chenoa Fund for sponsoring this episode!