Housing

From CFPB and TRID to QM and ATR, the barrage of new abbreviations emanating from the Dodd-Frank Act has only been matched by the enormity of the changes it made to the mortgage industry. Here are 10 ways that the landmark financial reform legislation has reshaped the mortgage industry since becoming law five years ago.

The Federal Home Loan Bank of Dallas' Affordable Housing Program celebrated its 25th anniversary on July 16.

Federal judges have dismissed two lawsuits that accused Wells Fargo of reverse-redlining in Los Angeles and Cook County, Ill., Reuters reported.

Community Housing Capital in Decatur, Ga., has received a $100 million line of credit dedicated for the development and preservation of affordable housing from a syndicate organized by Morgan Stanley.

Richard Green, director of the University of Southern California's Lusk Center for Real Estate, will serve as a senior FHA advisor on housing finance policy for one year.

Homes in the San Francisco Bay area sold last month at the fastest pace in almost nine years and prices approached a record as growing consumer confidence, historically low mortgage rates and job growth propelled sales.

New-home construction climbed in June to the second-highest level since November 2007 as builders stepped up work on apartment projects.

Mortgage applications for new-home purchases rose 1% during June compared with the previous month as housing prices continue to recover, according to the Mortgage Bankers Association.

Citigroup's combined gain-on-sale and mortgage servicing revenue increased by 34% in the second quarter over the same period last year.

Confidence among homebuilders held in July at the highest level since November 2005, indicating the residential real estate market may be picking up speed.

June's home sales are up 12% over the same month in 2014, according to the Re/Max National Housing Report.

The housing market may get a bump from two groups — first-time homebuyers and Hispanic consumers, according to a TD Bank survey.

Federal Housing Administration endorsements continue to rise following the 50-basis point cut in January.

Residential mortgages for new-home purchases increased in June, according to an Ellie Mae report.

Mortgage applications fell 1.9% for the week ending July 10, compared to a week earlier, according to the Mortgage Bankers Association's weekly survey.

Arbor Commercial Mortgage has been selected by Fannie Mae as a lender for its program for multifamily housing for seniors.

Fannie Mae has introduced a smartphone application designed to help potential homeowners learn how to save for their first purchase.

Some housing professionals have grown reluctant to participate in the Federal Home Loan Banks' Affordable Housing Program, objecting to burdensome requirements and rules that are inconsistent with other funding sources. It's time for the Federal Housing Finance Agency to make some updates.

According to a new analysis by analytics firm RealtyTrac found that it was still cheaper to buy a house than rent one during the first five months of 2015.

The mortgage market continues to inch back towards health as according to analytics firm CoreLogic, home prices grew 6.3% year-over-year during May compared with the same month last year.