Affordable housing

The case for market-based CRA reform


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


The Fed’s remarkable turnaround on CRA


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


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


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.


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


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.


Trump forms White House council to ease barriers to affordable housing


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


Congress dangles tax credits to boost supply of affordable housing


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.


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


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.


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


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.


SunTrust, BB&T plan parting gifts to their hometowns


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.


Wells Fargo tilts philanthropic focus to affordable housing


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.