Government

"This bill will hold banks accountable to the local communities where they have branches or do most of their lending,” said Chairwoman Maxine Waters. She added that the legislation would strive to encourage banks’ investment in the communities they serve and to help close the widening racial-wealth gap.

The Senate Banking Committee will host a hearing taking a closer look at the USDA’s loan guarantees to purchase homes in rural areas, through a discussion with stakeholders in the USDA’s housing services.

House measure seeks to level the playing field for U.S. veterans in pursuit of homeownership through adoption of a modern, digital appraisal process for VA loans.

A coalition of housing industry trade groups have requested that the White House’s National Economic Council push the FHA to slash its mortgage insurance premium to put more money into the pockets of home buyers.

Overall mortgage application volume dipped yet again this week, falling 1.2% week-over-week according to the MBA, with rates edging near the 6%-mark and forcing more homebuyers to the sidelines.

The Tunnel to Towers Foundation announced today that it has paid off the mortgages held on the homes of twenty-one fallen first responder families, in honor of the ...

Offering a welcoming and nondiscriminatory environment to every renter by adhering to the Fair Housing Act will safeguard your property’s marketing efforts today and attract renters down the line.

In an effort to increase inclusion in the mortgage lending process, the industry is working to introduce nontraditional data to empower underserved populations.

Issuance of new Sustainability Bond will be used for housing affordability project design for low- and moderate-income populations.

Cake Mortgage CEO David Abelyan shares his perspective on what needs to be done in the market to help alleviate the affordability issue, and what products are ideal to assist first-time buyers.