Affordable housing

The chamber passed a bill that would clarify how certain loans backed by the Department of Veterans Affairs are securitized, and legislation encouraging first-time homebuyers to participate in counseling programs.

After the government-sponsored enterprise patch expires, "near prime" loans over the 43% debt-to-income ratio should be qualified mortgages if they have compensating factors, according to the Center for Responsible Lending.

Taking aim at the racial wealth gap in the U.S., Democratic presidential candidate Kamala Harris proposed a $100 billion program to help black families and individuals buy homes.

The Whitefish, Mont., Legacy Homes Program intended to create housing for those with moderate incomes officially went into effect on July 3.

The California Housing Finance Agency helped a record number of low- and moderate-income residents purchase their first homes with help from its down payment assistance program.

In a blow to a city struggling to build enough affordable housing, a controversial proposal to house formerly homeless people in buildings constructed from recycled shipping containers not far from San Jose's Willow Glen neighborhood has stalled.

As policymakers mull ways to update the 42-year-old Community Reinvestment Act, economists at the San Francisco Fed have put forth a novel proposal.

California cities and counties that don't plan for enough housing to be built within their borders could face big consequences -- up to $600,000 a month.

An Ohio county would invest an additional $65 million to spur construction of 2,050 affordable housing units over the next decade under recommendations included in a broader economic development plan.

Investors last year purchased a record share of Dallas-area homes and these for-profit homebuyers are expected to continue to gobble up thousands of houses in North Texas and nationwide.