Bank, credit union state regulators voice support for CDFI Fund
The CDFI Fund is a proven successful public-private partnership model for maximizing impact while minimizing government expense, two organizations representing...
Mortgage
Bank survey: First-time homebuyers optimistic about market, concerned about affordability
Nearly three in four first-time homebuyers feel optimistic about the current housing market, with nearly half saving for a down...
Existing home sales rose 4.2% in February
Existing home sales rose 4.2% in February to a seasonally adjusted annual rate of 4.26 million, the National Association of...
Mortgage rates show little movement
The rate for a 30-year fixed-rate mortgage was 6.67% this week. The rate for a 15-year fixed-rate mortgage was 5.83%.
Senators reaffirm support for CDFI Fund amid concerns over cuts
Twenty-three senators from both parties have signed a joint letter expressing their support for the CDFI Fund after President Trump...
ABA, associations clarify concerns regarding FHFA credit score modernization initiatives
ABA and five associations said they continue to have serious concerns about the planned implementation of new credit score requirements...
FHA rescinds reconsideration of value policies on appraisals
The FHA issued a mortgagee letter rescinding three appraisal policies concerning fair housing considerations, part of what the agency said...
ABA, associations: CDFI Fund plays vital role in boosting local economies
As the nation works to strengthen the economy, the CDFI Fund is a proven and effective vehicle that directly supports...
Housing starts rose in February
Housing starts increased by 11.2% in February from the month prior to a seasonally adjusted annual rate of 1.5 million,...
FHFA director named chair of Fannie Mae, Freddie Mac
FHFA Director Bill Pulte has named himself chairman of the Fannie Mae and Freddie Mac boards. Both boards also removed...
