Housing

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.