Housing

New American Funding and Alterra Home Loans have selected Radian Group as the preferred private mortgage insurance providers for their Your Path loan program.

Regions Financial in Birmingham, Ala., has bought a business that manages low-income housing tax credits.

The housing industry has staunchly defended the mortgage interest tax deduction as an essential tool for promoting homeownership. But attitudes are softening, as data show the low- and moderate-income homebuyers who need the subsidy the most are getting the least benefit.

M&T Bank is offering mortgage subsidies through a new program to qualified consumers in New Jersey and nearby states.

The Federal Reserve's mishandling of monetary policy in the 1970s opened the door to questionable products for unqualified borrowers, setting the stage for the housing crisis 30 years later.

Hillary Clinton and Donald Trump should face more questions about housing policy, especially the lack of affordable housing to own or to rent nationwide, said Fannie Mae Chief Tim Mayopoulos.

An FHA lender was cited for violating Department of Housing and Urban Development rules by allowing repayment provisions in second mortgages.

Department of Housing and Urban Development veteran Margaret Salazar will become the new director of Oregon Housing and Community Services Nov. 1.

Republican presidential nominee Donald Trump used the first debate to attack the Federal Reserve Board, reiterating accusations that it has purposely kept interest rates low to help President Obama.

The average sales price of a new mobile home was $67,800 in April, compared with an average sales price of $380,000 for a site-built home.

The mortgage industry is failing communities of color by not providing adequate access to conventional loan products, calling into question the future of the housing market and the nation's ability to turn the tide of rising wealth inequality.

Nationwide, the lack of single-family home construction has become dire, threatening to create a housing shortage that could undermine affordability and home sales. But this dearth of new housing starts is far worse in some of the country's most sought-after housing markets.Here's a look at the 10 markets in need of the most new construction.

Americans are carrying higher levels of debt as they head into retirement, raising the specter of financial headaches in their old age, according to Prudential Financial.

The next administration in the White House must act swiftly to move reform of Fannie Mae and Freddie Mac off dead center, and Ginnie Mae President Ted Tozer suggested that the model for a new secondary market is already in place.

The Department of Housing and Urban Development is taking a harder look at how mortgage lenders treat borrowers with limited English language skills.

New American Funding and Alterra Home Loans are partnering on a new loan program using Freddie Mac's low-down-payment Home Possible mortgages.

Walter Investment Management Corp. subsidiary Ditech Financial will begin to enroll a number of rejected loan applicants in a new program aimed at helping people qualify for a mortgage.

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.