Affordable housing

A former Federal Home Loan bank president argues that the system should limit its exposure to risky nonbanks.

The Bay Area's soaring housing costs are pushing poor people into neighborhoods where poverty and racial segregation are on the rise, a UC Berkeley study found.

Staggering home prices and steep tax rates are pushing people from expensive cities along the coasts to more affordable locales.

The typical homeowner spends 17.5% of their income on monthly mortgage payments, according to Zillow's second quarter affordability report.

As the demand for home rentals continues to rise, regulatory burdens could decrease the multifamily housing supply and drive up costs, witnesses said at a congressional hearing.

Mirroring a national trend of rebounding home prices and rising mortgage rates, Palm Beach County, Fla., saw housing affordability fall to a 10-year low in the second quarter.

The Bay Area continues to lead the state in shattered homeownership dreams.

The Trump administration has argued that the Affirmatively Furthering Fair Housing rule, issued in 2015, was too prescriptive.

Housing affordability has hit a 10-year low throughout most of California, new data show, as three out of four state residents can no longer afford sky-high median homes prices.

Multiple agencies are looking into its purchase of certain credits tied to low-income housing developments, the bank said in a securities filing Friday.

Earlier this year the Legislature appropriated $200 million to help finance new affordable rental housing. Now a state-led panel advises that an additional $1 billion should follow over the next decade to further address Hawaii's shortage of affordable apartments.

With values on multifamily properties soaring, some building owners are using aggressive tactics to push out existing tenants to make room for higher-earning ones. That’s raising questions about whether their lenders are abetting this behavior.

Michael Bright co-wrote a paper in 2016 that envisioned making the agency a backstop for the housing finance system, but appeared to distance himself from the proposal at his confirmation hearing.

The California Democrat would have more of a bully pulpit as chair of the Financial Services Committee, but some say she could take a pragmatic approach to passing banking legislation.

Of the 5,500 housing-unit building permits issued by the city between 2015 and 2017, only 98 were for apartments or houses that people with salaries in the minimum wage range or a little higher could afford.

At least 38 projects totaling 3,337 units were proposed statewide in 2017, which is far more than the five projects totaling 391 units proposed in 2010, the basement of the Great Recession.

Lawmakers want the agency to utilize two programs to help families still struggling to recover from the aftermath of Hurricane Maria.

Instead of shrinking the GSEs, the housing regulator is letting them expand into a host of new products and programs.

The Democratic congresswoman said the department under Secretary Ben Carson has turned "its back on its mission."

Walker & Dunlop has been approved as a seller and servicer under Freddie Mac's Affordable Single-Family Rental pilot program, allowing the company to focus on middle markets.