News Topic: Affordable housing

The Department of Housing and Urban Development is seeking public feedback on federal, state and local laws and regulations that may inhibit affordable housing or constrain the supply of housing. ... Read full article

The House Financial Services chair is sponsoring a bill with one of the Democratic presidential contenders aimed at alleviating the public housing capital backlog. ... Read full article

Gov. Phil Murphy signed an executive order Wednesday establishing a board that would come up with a plan to create a public bank in New Jersey. ... Read full article

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

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

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 ... Read full article

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. ... Read full article

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. ... Read full article

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. ... Read full article

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

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

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. ... Read full article

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. ... Read full article

Secretary Ben Carson was invited by the head of the Senate Banking Committee to Idaho to discuss low-income housing shortages. ... Read full article

The Department of Housing and Urban Development approved a settlement in favor of the California Reinvestment Coalition against CIT Group's OneWest Bank, which was run by Steven Mnuchin prior to him becoming Treasury secretary. ... Read full article

The ruling deals a blow to efforts by the Department of Housing and Urban Development to restrict nonprofit housing funds from operating on a national scale. ... Read full article

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

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