Affordable housing

Bigger is better, BB&T-SunTrust chiefs assure skeptics

04/25/19

The two banks’ CEOs used a public hearing to argue their merger will be a boon for underserved markets. But other speakers warned that bank consolidation hurts communities.

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Trump's housing agency cracks down on no-money-down home loans

04/22/19

The Trump administration is cracking down on national affordable housing programs because of concern over growing risk to the government's almost $1.3 trillion portfolio of federally insured mortgages.

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Senior HUD official named FHFA deputy director

04/16/19

Adolfo Marzol, who has served as an adviser to HUD Secretary Ben Carson, will now report to the new director of the Federal Housing Finance Agency.

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Wells in denial, faster-payments backtrack, delinquency uptick: Top stories of the week

04/12/19

Wells Fargo and the denial stage of recovery; community bankers alarmed after big banks backtrack on faster-payments pricing; credit card, auto loan delinquencies hit seven-year high; and more from this week's most-read stories.

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BB&T, SunTrust pledge $30M for affordable housing in Charlotte

04/05/19

The two banks will each give $15 million to the Foundation for the Carolinas, which supports affordable housing development in Mecklenburg County.

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Senate confirms Mark Calabria as head of FHFA

04/04/19

The administration official will serve a five-year term as Fannie Mae and Freddie Mac's chief regulator.

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FHFA’s Otting authorizes GSE affordable housing payments

04/03/19

After a brief delay, the agency’s acting director signed off on Fannie Mae and Freddie Mac contributing to the National Housing Trust Fund and Capital Magnet Fund.

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House hearing on fair-lending rules keeps spotlight on Facebook

04/02/19

A discussion on how to modernize policies to combat housing discrimination quickly turned into a sharp critique of the social media giant's advertising practices.

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BofA pledges $5 billion for its affordable housing program

04/02/19

Bank of America pledged to commit $5 billion over the next five years to its program aimed at homebuyers with low to moderate incomes and multicultural households.

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American Banker scores 11 major journalism awards

04/02/19

American Banker won 11 journalism awards during the past week, including its first Grand Neal, the highest of the honors announced at this year's Jesse H. Neal business journalism awards.

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