Government

In a state with some of the highest foreclosure and delinquency rates in the country, many of the changes made through the state's "Final Rule" involve foreclosure and default practices.

According to HUD Secretary Dr. Benjamin Carson, "additional oversight was needed before we could proceed with confidence that these critical disaster recovery funds will reach those who need them the most."

The Chairwoman of the Hosue Financial Services Committee noted she is concerned over “fraudulent comments” made about the measure.

The FHFA's request for input is examining the challenges PACE loans may present toward Fannie Mae and Freddie Mac when it comes to first-lien priority.

In addition to Chris Giancarlo's appointment as the independent, non-Executive Chairman, Common Securitization Solutions also announced that it will be amending the structure of its Board of Directors.

The disparity between home-price appreciation and wage growth corrected itself following the Great Recession. However, is the industry on track to repeat this trend?

A Financial Services Committee member noted that affordability challenges are “real,” while Chairwoman Maxine Waters said Congress has “failed” to address this issue.

The current affordable housing shortage is maintained by a perpetual NIMBY—not in my backyard—mindset.

The Bureau granted the No-Action Letter regarding the bank’s funding arrangements with housing counseling agencies certified by the U.S. Department of Housing and Urban Development.

Hear expert thoughts on Comptroller of the Currency Joseph Otting's proposal for the Community Reinvestment Act and more in The Week Ahead.