Housing

More than one in five Americans say the presidential candidates' policies on housing and finance will shape their vote in November.

The ultimate approval of the CIT-OneWest merger by regulators represents a giant step backwards for the Community Reinvestment Act.

The decline in homeownership can be stopped, and even reversed, by taking action on credit access, better evangelizing for down payment programs and offering borrower counseling.

Nearly two-thirds of Americans think that something can be done to address problems related to housing affordability — and they want the presidential candidates to talk about it.

So far, 2016 has brought legal battles, election woes and TRID-related headaches to the mortgage industry, among many other major issues.

Fearing that housing finance reform has fallen off the congressional priority list, bank and housing trade groups sent a letter to Federal Housing Finance Agency Director Mel Watt on Wednesday to draw attention to the issue.

Home prices in April were 6.2% higher than a year ago, according to the CoreLogic U.S. Home Price Report.

Banks are increasing their construction lending to builders but access to land acquisition and development loans remains tight.

A growing economy during the first quarter meant that the U.S. housing market as a whole moved toward buying a home versus renting, an indication of soundness, according to a quarterly report put together by professors at two Florida universities.

Cash sales are falling overall, but still represent the majority of sales involving homes in the lowest tier of property values, according to Black Knight Financial Services.