Affordable housing

Housing groups seek change to FHA loan restriction on student debt


An industry coalition wants to ensure borrowers who took out certain types of loans to fund their education aren’t locked out of access to historically low mortgage rates.


What matters most to mortgage lenders in the 2020 election


From affordable housing policy to GSE conservatorship, the next president will wield a heavy influence on mortgage and housing policies.


Consumer advocate Robert Gnaizda dies at 83


He co-founded California Rural Legal Assistance, Public Advocates and the Greenlining Institute


4 takeaways from Biden’s embrace of progressive banking policies


The Democrats’ presumptive presidential nominee called for a public credit reporting agency and for the Postal Service to offer financial services, among other proposals issued through a unity task force with Bernie Sanders. But analysts suggest the recommendations are more about electoral politics than pushing for real reforms.


Why lenders are wary of FHA's terms for buying loans with forbearance


The Federal Housing Administration's move to insure loans with forbearance could help support homeownership opportunities constrained by the coronavirus if one change was made to it, trade groups said.


Trade orgs say FHLBank targets may increase small member participation


Groups representing community banks and credit unions generally support the new percentage-based goals set by the Federal Housing Finance Agency.


‘Rent strikes’ could wreak further havoc on mortgage system


Tenants have threatened to suspend payments during the pandemic to pressure officials into providing rental assistance, but the effects on multifamily loans would compound concerns about servicers' liquidity and, ultimately, lenders' performance.


Fannie and Freddie to make record high contributions to housing trust funds


The Federal Housing Finance Agency authorized the government-sponsored enterprises to contribute $502.2 million to two funds that help preserve and build affordable housing.


6 statehouse issues on bankers’ radar


Bankers groups are keeping close tabs on a host of legislative and gubernatorial proposals, from prize-linked savings accounts in Iowa to rent control in Massachusetts to a slew of bills modeled after California's recently passed data privacy law.


Affordable housing cuts, CFPB funding: Takeaways from Trump budget


The administration proposed to end the housing trust funds now financed by Fannie Mae and Freddie Mac, and to subject numerous agencies to the congressional appropriations process, among other things.