Affordable housing

Trump to nominate FHA's Brian Montgomery as No. 2 at HUD

10/08/19

The Federal Housing Administration chief has already been serving as the acting deputy secretary of the Department of Housing and Urban Development.

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Public banking gets green light in California

10/03/19

A new law authorizes municipalities in the nation’s largest state to charter their own financial institutions to reinvest public funds into the community.

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Trump housing plan could have unintended consequences for FHA

09/19/19

The proposed reforms of Fannie Mae and Freddie Mac have gotten all the attention, but the administration also wants to scale back the Federal Housing Administration, expand its capital cushion and adopt risk-based pricing. Some of the ideas have former agency officials concerned.

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FHFA boosts multifamily lending caps for Fannie and Freddie

09/13/19

The Federal Housing Finance Agency is revising the multifamily loan purchase caps for the mortgage giants Fannie Mae and Freddie Mac to increase affordable housing.

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House passes five bipartisan financial services bills

09/11/19

The legislation takes aim at third-party bank service vendors, the backlog of FHA appraisals, rural housing assistance and other issues where there is broad agreement.

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Did Treasury's GSE report move the needle?

09/06/19

The Trump administration raised the goal posts for ending the conservatorships of Fannie Mae and Freddie Mac, but how officials get there is still highly uncertain.

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HUD’s assault on fair lending

09/06/19

With its proposal to restrict disparate-impact claims, the Trump administration seems determined to solve a problem that does not exist.

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HUD plows ahead with effort to restrict down payment assistance

09/04/19

The Trump administration is not backing down even after a federal court blocked guidance that would have limited the operations of national housing funds.

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Senate panel sets GSE hearing as administration's reform plan nears

09/04/19

With officials putting finishing touches on presidentially directed reports on the future of the housing finance system, the Senate Banking Committee announced a hearing to examine the issue.

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Regulators may end CRA credit for loans to wealthy: OCC’s Otting

08/09/19

Banks currently can help their CRA performance with mortgages to anyone in a distressed neighborhood, but Joseph Otting said officials crafting a reform plan are considering limiting that to lower-income borrowers.

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