Daily Dose

Through enforcement efforts to address redlining nationwide, the U.S. Justice Department reports it has collected millions in relief for communities of color nationwide that may have experienced discrimination during their homebuying process.

While the Midwest remains the most dominant region for renters nationwide, one New York borough was named the most popular location for renters, according to RentCafe's October Rental Activity Report. Click here to see which other locales topped the list.

Having a high-paying job doesn’t guarantee you can easily afford a place to live, especially in cities like San Francisco or New York City—even for those earning over $1M annually. Click through to find out where the standard 28% ratio of your monthly income goes the farthest.

Building on feedback from stakeholders and research, three federal agencies have issued updates to the 50-plus-year-old Community Reinvestment Act to strengthen and modernize its regulations to better achieve the purposes of the law.

The OCC, FDIC, and Federal Reserve have outlined a framework for the safe and sound management of exposure to climate-related financial risks for large financial institutions. Here’s what that means for the industry.

Ted Tozer, former President of Ginnie Mae, has issued a paper via The Urban Institute detailing how Ginnie Mae could be utilized to support the nation’s housing system through the financing of independent mortgage banks. Click through to read Tozer’s entire proposal.

The standard down payment of 20% has done nothing but rise as this number is tied to home prices, which are also rising. Click through to find out where the cheapest down payments are...and the most expensive.

According to a new analysis from the Joint Center for Housing Studies, home updates are likely to see some changes over the coming year. Click through to learn what the study is forecasting over the next four quarters.

In a letter to the FHFA, a coalition of eight U.S. Senators are asking the Agency to implement reforms to credit scoring models that could impact access to creditworthy borrowers. Click through to read arguments from both sides of the issue.

In an effort to reduce the size of its retained mortgage portfolio, Freddie Mac has sold 88 non-performing residential first-lien loans as part of the GSE’s Extended Timeline Pool Offering.