Affordable housing

The case for market-based CRA reform

07/12/19

Many oppose a metric-based approach, but there are ways it could actually work.

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The Fed’s remarkable turnaround on CRA

07/11/19

The central bank has a long history of fighting reforms to the Community Reinvestment Act, until now.

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House votes to protect VA loans, promote counseling for FHA borrowers

07/10/19

The chamber passed a bill that would clarify how certain loans backed by the Department of Veterans Affairs are securitized, and legislation encouraging first-time homebuyers to participate in counseling programs.

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CRA credit for fighting climate change: One Fed bank's suggestion

07/02/19

As policymakers mull ways to update the 42-year-old Community Reinvestment Act, economists at the San Francisco Fed have put forth a novel proposal.

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Trump forms White House council to ease barriers to affordable housing

06/25/19

The president signed an executive order Tuesday establishing a White House council dedicated to examining regulatory barriers to affordable housing.

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Congress dangles tax credits to boost supply of affordable housing

06/18/19

The bipartisan proposal aims to renew banks' interest in low-income housing tax credits and bring more lower-priced homes to markets that badly need them.

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New York rent rules pose risks for apartment lenders, Fitch says

06/17/19

New York's sweeping rewrite of rent stabilization laws could pose a credit risk to lenders that finance capital improvements to regulated apartment properties, according to a report Monday by Fitch Ratings.

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'This time it's different': Comments of the week

06/06/19

Readers weigh potential risks in the leveraged loans market, debate Herb Sandler's legacy, consider the role the Fed should play in real-time payments and more.

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SunTrust, BB&T plan parting gifts to their hometowns

06/05/19

The merging banks, whose new headquarters would be Charlotte, N.C., will each double their charitable giving over the next three years in Atlanta and Winston-Salem, N.C.

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Wells Fargo tilts philanthropic focus to affordable housing

06/05/19

The bank has hired Brandee McHale away from Citigroup to head its charitable foundation and implement a new strategy that will place a greater emphasis on rental housing and combating homelessness.

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