Housing

Housing is not in a bubble even though home prices are unlikely to decline in the next two years, according to a new report from Arch MI.

HUD Secretary-designate Ben Carson is all but certain to get confirmed to his post — unless he makes a major mistake during his confirmation hearing. Given his lackluster performance during the GOP presidential debates last year, some wonder if that's a possibility.

The Federal Housing Administration is cutting its annual mortgage insurance premium by 25 basis points, lowering it to 60 basis points starting Jan. 27, the agency said Monday.

The Department of Housing and Urban Development has charged Bank of America with discriminating against prospective Hispanic mortgage borrowers at a branch in Charleston, S.C.

The House Financial Services Committee will see a shuffling of deck chairs among the leadership of its subcommittees in the new Congress as it also welcomes 10 new Republican members.

Initiatives aimed at a more inclusive credit box have long relied on costly approaches that are difficult to scale. Now, demographic shifts are intensifying industry demand for a more automated and efficient solution.

The Senate Banking Committee is scheduled to hold a hearing Jan. 12 on the nomination of Dr. Ben Carson as Secretary of the Department of Housing and Urban Development.

Demographics are shifting, creating more prospective minority homebuyers than ever before. But predominant underwriting processes and these would-be borrowers' financial backgrounds are holding them back.

Donald Trump's election sent interest rates higher, and the mortgage industry is waiting to see what other effects he will have. Here's a look at how the housing market performed during the first years of recent presidencies.

This was a year of shocks and surprises, including a multimillion-dollar verdict after one lender sued another, regulations putting a lender out of business, Brexit driving rates down and Donald Trump's election pushing them back up. Here are 10 events and trends from 2016 that changed the industry.

The Department of Justice has agreed to a settlement with a pair of Cincinnati banks accused of redlining African-American neighborhoods in four cities in Ohio and Indiana.

Proponents of "recap and release" misread the political risks and the depth of interest that key lawmakers have in determining the long-term future of Fannie Mae and Freddie Mac.

Many real estate agents expected rising interest rates to affect the type of home prospective purchasers were shopping for, according to the results of a survey by Redfin.

The nation's housing market remains on the outer edge of its historic benchmark range of housing activity, according to Freddie Mac's Multi-Indicator Market Index.

Congress wants to put the federal flood program on sounder financial footing, encourage the development of a private flood insurance market and stop the insanity of rebuilding properties subject to repetitive flooding.

Treasury sweep agreement set to deplete Fannie and Freddie's capital reserves by the end of 2017.

A consumer's ability to afford to purchase a home during the fourth quarter was at its lowest level in eight years due to rapid price appreciation, moderate wage growth and the post-election increase in interest rates.

Treasury Secretary nominee Steven Mnuchin is facing growing pressure from Senate Democrats to account for his leadership of a bank accused of shoddy foreclosure practices.

The National Association of Realtors is warning House Republicans leaders that their tax reform plan would marginalize two long-standing tax incentives for owning a home, which could hurt the housing market.

While the housing market is expected to cool down a bit in 2017, the National Association of Realtors has identified these 10 metro areas as the top markets for next year.