Mortgages

Banking regulators on Tuesday called for a raft of regulatory changes, including streamlining capital, reporting and appraisal rules in order to reduce compliance burden.

Experian and Finicity have released a product that aims to speed up decisions on mortgage applications, using financial data aggregation technology.

The Trump administration's decision to slash all funding for the flood mapping and loss mitigation efforts in flood-prone communities is getting pushback from supporters of better management policies.

Banks are losing wealthier underbanked customers to alternative lenders — an undercurrent that is halting progress in expanding credit access for all.

Devon Bank in Chicago has a long history serving immigrant groups in one of the nation's most diverse neighborhoods. Right now, its clients are worried about President Trump's actions on immigration and deportation.

Bankers and housing advocates say many low-income housing projects simply won't get built if the White House and Congress move to eliminate two federal block grant programs.

Industry critics argue the Invitation Homes deal will create new risks for Fannie Mae and remove affordable inventory from homebuyers.

On Dec. 31, 2017. Dollars in thousands.

Banks are stepping up their efforts to win a key exception to the Consumer Financial Protection Bureau's "Qualified Mortgage" rule.

Republicans repeatedly claim that the Dodd-Frank Act has hurt consumers by raising costs and hampering credit availability. But the data doesn't back that up.

The debt is costing taxpayers $4 billion a year, but rather than forgive it Republicans remain focused on creating a private flood insurance market.

The company also seems to be shifting the narrative to operational performance after addressing claims of questionable insider dealings.

While the inventory of new and existing homes is tight, competition for smaller homes is heating up as aging baby boomers are down-sizing and selling their residences.

A Long Island, N.Y., man was sentenced to prison time and ordered to pay $2.5 million after pleading guilty in June to ripping off distressed homeowners, said Christy Romero, the Tarp special inspector general.

Rising interest rates have slowed a recent run of unexpectedly high prepayments of government-insured mortgages, making servicing rights for loans held in Ginnie Mae securities more attractive to investors.

On Dec. 31, 2016. Dollars in thousands.

Bankers oppose legislation that would let local governments finance energy efficiency projects with liens ahead of the mortgage.

Bankers hope that new tax policy will respect the role of tax-assisted community development programs in encouraging business investment in distressed areas.

Vacancies and rent-slashing have some banks worried that certain markets are overheating, but others say the decline in nonperforming loans is a sign the sector has never been healthier.

Ben Carson is facing a turbulent housing market as he takes the reins of the Department of Housing and Urban Development, with mortgage rates rising, inventories tight and home prices higher.