Affordable housing

More than half of recent, as well as prospective, first-time homebuyers said purchasing a house was more difficult than it should be, according to a survey for Framework.

The proposed reforms of Fannie Mae and Freddie Mac have gotten all the attention, but the administration also wants to scale back the Federal Housing Administration, expand its capital cushion and adopt risk-based pricing. Some of the ideas have former agency officials concerned.

With the ongoing issue of the affordable housing crisis, the Mortgage Bankers Association got behind the Build More Housing Near Transit Act, a bipartisan bill introduced in the House of Representatives.

California Attorney General Xavier Becerra filed a brief Thursday in support of Oakland's lawsuit against Wells Fargo, alleging that the bank illegally discriminated against minority borrowers.

The Federal Housing Finance Agency is revising the multifamily loan purchase caps for the mortgage giants Fannie Mae and Freddie Mac to increase affordable housing.

The use of state housing finance agency down payment assistance programs is part of the solution to address the growing affordable housing gap, a Fitch Ratings report said.

The legislation takes aim at third-party bank service vendors, the backlog of FHA appraisals, rural housing assistance and other issues where there is broad agreement.

By 2030, about 20% of the U.S. population will be over age 65, up from 15% in 2016, according to the Census Bureau.

The Trump administration raised the goal posts for ending the conservatorships of Fannie Mae and Freddie Mac, but how officials get there is still highly uncertain.

With its proposal to restrict disparate-impact claims, the Trump administration seems determined to solve a problem that does not exist.

The industry has taken some steps to lower barriers to affordable housing, but some observers say that more can be done.

The Trump administration is not backing down even after a federal court blocked guidance that would have limited the operations of national housing funds.

With officials putting finishing touches on presidentially directed reports on the future of the housing finance system, the Senate Banking Committee announced a hearing to examine the issue.

There is no legal basis to force Bank of America to make good on its commitment to provide $150 million in mortgages to beneficiaries of the Department of Hawaiian Home Lands, the state's Attorney General said.

About 80% of Opportunity Zones had median home prices below the national mark of $266,000 in the second quarter, with 47% of them below $150,000, according to Attom Data Solutions.

To boost its presence in affordable housing, Synovus Bank is devoting considerable resources to training its loan officers.

Builders in Oakland are on course to create more new housing units than San Francisco this year, a notable role reversal for a city that has long produced far less residential development than its wealthier and more bustling neighbor across the bay.

Banks currently can help their CRA performance with mortgages to anyone in a distressed neighborhood, but Joseph Otting said officials crafting a reform plan are considering limiting that to lower-income borrowers.

The head of the Senate Banking Committee invited the housing secretary to Idaho to discuss low-income housing shortages.

Seattle is poised to get a new $1 billion development steps from Amazon's sprawling urban campus as part of a major land sale by the city.