The lender is cutting approximately 3,000 employees in both the U.S. and India three months after its notorious December firing.

The long-awaited Community Reinvestment Act reform plan is likely to address climate change and bank partnerships with nonbank lenders, while also taking into account the shrinking number of U.S. bank branches, government officials said Monday.

New research shows that young Americans are finding it increasingly difficult to buy a home of their own. The co-author of a series of reports will delve into discoveries around the factors why.

Mortgage companies can open doors to homeownership for more minorities by incorporating low-down-payment financing options; closing cost credits; down-payment assistance; diverse, in-market sales teams ready to provide access and support; and more, writes the chair of the Mortgage Bankers Association.

More company leaders have resigned as Better.com continues to pursue new executives in an attempt to fix its internal culture.

The complaint seeks unspecified damages over the bank’s mortgage origination and underwriting practices, alleging minority homebuyers were excluded from affordable, low-risk loans.

The National Fair Housing Alliance's framework, named Purpose, Process and Monitoring, looks to examine the lifecycle of an artificial intelligence model in order to avoid unfairly discriminatory outcomes.

The lender and servicer cited negative media coverage over two dozen times in a filing describing the fallout of CEO Vishal Garg’s mass layoffs in December.

Housing rights advocates said minority home-buyers and homeowners in 39 U.S. metropolitan areas will receive the funds as a result of a legal action alleging racial discrimination in the government-sponsored enterprise's foreclosure practices.

The researchers found that the disparities that emerged from the analysis of 1.8 million appraisals from 2019 and 2020 were statistically significant.

The company will be restructuring its executive team as it prepares to go public, with the board looking for a new chairman and a new president.

Branches across the country have closed temporarily, or switched to drive-thru service, as infections and quarantine rules have forced many bank workers to stay home.

Experts discuss the proliferation of chief diversity officers across the industry and what it may mean for future progress in diversity.

Wayne County, Michigan's use of Delinquent Tax Anticipation Notes is an extreme example of a nationwide phenomenon: Local officials use fines and foreclosures or tax lien sales as cudgels against people who haven’t paid their property taxes. Some municipalities’ efforts to securitize or sell the debts have led to a broad, upward transfer of wealth that’s rooted in fundamentally unfair tax systems.

A Dallas policy that is supposed to tackle affordable housing shortages doesn't do enough to address systemic racial and economic barriers residents face, according to a new report.

The Federal Housing Finance Agency found several comments that could lead to fair lending concerns in the “neighborhood description” section of reports.

CFO Kevin Ryan will handle the day-to-day running of the company, as it works toward going public via its revised SPAC merger.

Some states are increasing their requirements for home valuation professionals as housing officials warn that they consider mortgage lenders responsible for equitable practices too.

CalHFA’s executive director Tiena Johnson Hall discusses her agenda for encouraging affordable housing development in the inventory-strapped state.

Solidifi will team up with the initiative originally launched by the National Urban League and Fannie Mae.