Housing

Canadian household confidence rose, boosted by improving sentiment about the national housing market, weekly telephone polling shows.

Manufactured housing advocates are "guardedly optimistic" that the Federal Housing Finance Agency will soon issue a long-awaited final rule that they hope will expand the secondary market for mobile homes.

From the rising influence of millennials to shifting trends in home prices and housing inventory, here's a look at the top housing market trends for 2017.

Affordable housing advocates are seizing on President-elect Donald Trump's call for tax reform, hoping that a new tax credit program to revitalize run-down homes in distressed neighborhoods will be attractive to the incoming administration.

The Office of the Comptroller of the Currency is expected to downgrade Wells Fargo's Community Reinvestment Act rating in January to "needs to improve," from "outstanding," according to a story by Reuters, citing unnamed sources.

Two reports released Wednesday indicate mixed reactions to the presidential election where consumers' attitudes toward housing are concerned.

Although he has since walked-back his original pledge to deport 11 million people, if President-elect Donald Trump attempts to fulfill his campaign promise, the damage to the housing industry would be substantial.

While the designation of retired neurosurgeon Ben Carson to run the Department of Housing and Urban Development appears like an unusual choice, lenders are hoping he can bring a fresh perspective to the industry.

Mortgage credit availability expanded for the third consecutive month in November, according to the Mortgage Bankers Association.

PlainsCapital Corp. subsidiary PrimeLending is expanding its closing cost assistance program to all 50 states and the District of Columbia.

Ben Carson accepted Donald Trump's offer to lead the U.S. Department of Housing and Urban Development, according to a statement from the president-elect's transition office Monday.

NAHREP Consulting Services, a consulting firm that specializes in housing and the Latino market, has created a new program to help lenders looking to ramp up their market efforts in diverse communities.

The mortgage interest deduction will be limited in reforms designed to provide tax cuts for middle-class borrowers, but not those with higher incomes, according to Treasury Secretary-designate Steve Mnuchin.

The debate over housing finance reform appears to have new life as both Democrats and the next administration appear ready to take up the issue.

Treasury Secretary-designate Steven Mnuchin's plan to remove Fannie Mae and Freddie Mac from government control could mean increased competition for lenders' loans. But it could also prompt a rise in mortgage rates.

Even before taking office, Treasury Secretary-designate Steven Mnuchin has said he wants to return Fannie Mae and Freddie Mac to the private sector, a radically different vision of housing finance reform than that pushed by other Republicans.

President-elect Donald Trump has named Quicken Loans Executive Vice President Shawn Krause to the team that will direct the transition at the Department of Housing and Urban Development.

While President-elect Donald Trump already faces numerous potential conflicts-of-interest between his businesses and the presidency, his real estate ties and campaign promises raise serious questions about his approach to the housing industry.

John Allison, a contender for President-elect Donald Trump's Treasury secretary, is a staunch opponent of the Federal Reserve Board, the Basel international accords, the government's support of the housing finance industry and the Dodd-Frank Act of 2010.

The Pennsylvania company has redoubled its outreach to low- and moderate-income consumers by partnering with Operation Hope on a down payment assistance program and naming a veteran banker to the newly created post of director of fair and responsible banking. But despite these efforts, history says Fulton is unlikely to escape punishment if the Justice Department finds that it violated fair-lending laws.