Housing

Regardless of who wins in November, the mortgage industry will see significant changes, but Hillary Clinton and Donald Trump would take very different approaches to housing and regulatory issues, said Mortgage Bankers Association President and CEO David Stevens.

Home purchase sentiment fell in August as home price expectations and other components decreased from record highs one month ago, according to Fannie Mae.

Efforts to expand diversity and inclusion are critical to any industry, but they're becoming especially important in mortgage finance, where the customer base is evolving and more millennial and multicultural consumers are ready to buy homes.

Home prices have returned to their precrisis peaks, but homeownership rates keep on slipping.

Mortgage servicing has undergone a dramatic transformation in response to the housing crisis, creating an environment where a focus on the consumer will define how servicers approach their business and regulators oversee their operations.

To commemorate the 40th anniversary of National Mortgage News, we look to the future of the mortgage industry — a future that lies at the intersection of people, policy, technology and capital.

The Mortgage Bankers Association has long been a staunch defender of the mortgage interest deduction. But the group's president and CEO now says he's open to Congress reducing, or even eliminating, the tax break.

The National Association of Realtors is urging policymakers to implement reforms meant to qualify more condominium buyers for Federal Housing Administration loans.

Regulatory infighting over bond loans offered by down payment assistance programs has the potential to curtail lending to first-time buyers and do real damage to homeownership.

Nationwide, new home construction isn't keeping up with rising prices and demand. But in certain areas of the Southwest and Southeast, builders are bucking this trend, creating housing supply that is more flexible to market fluctuations.

The Federal Deposit Insurance Corp. has downgraded the Community Reinvestment Act rating for BancorpSouth in Tupelo, Miss.

Mayor Bill de Blasio on Thursday nominated Eric Enderlin to be president of the New York City Housing Development Corp., the city's housing finance arm and a major player in de Blasio's affordable housing initiative.

Mortgage lenders can expand their businesses by catering to borrowers who aren't proficient in English, but doing so requires strategic recruiting and hiring and compliance with federal and state regulations.

The emergence of lenders that have no real connection to a geographic area prompts questions over how the Community Reinvestment Act’s “good neighbor” policy can continue.

A proposed 50% expansion to the Low Income Housing Tax Credit program would yield new opportunities for banks to finance development projects and meet their Community Reinvestment Act obligations.

President Obama has signed a housing reform bill that will open the door for welfare recipients to use federal rent vouchers to purchase manufactured homes and become homeowners.

Mortgage interest deduction limit applies on per taxpayer basis.

The Department of Housing and Urban Development has reached an agreement with Citizens Bank to settle allegations that the bank discriminated against a woman on maternity leave.

The Democratic and Republican platforms adopted at this year's party conventions take a more forward-looking approach to housing issues than they did four years ago. But they have distinctly different views on the government's role in maintaining a robust mortgage industry.

Democrats will adopt a party platform this week that omits most references to a need for continued post-housing crisis reforms, and instead focuses on expanding access to mortgage credit and support for industry regulation.