The new proposed capital requirements could reduce LMI lending by large banks and make warehouse financing expensive for nonbanks.

A judge determined that Change Lending will be able to provide loans as a certified CDFI until at least December.

Experts call for ongoing, intentional and collaborative efforts across federal agencies to combat racial disparities in homeownership and access to housing financing.

Homeowners are waiting out the high-interest rate environment before considering selling.

For the third consecutive month, mortgage credit availability declined, with some products reaching their lowest levels in a decade. It’s only expected to get worse as lenders worry about the economy.

Pushback of proposed certification requirements and a vacant leadership role have led to a year-long blackout on new CDFI applications.

More than 13,000 residents have established a credit score for the first time due to the pilot program.

The proposed rule would direct all HUD program participants to proactively take actions to overcome patterns of segregation, promote fair housing choice and eliminate disparities in opportunities, among other issues.

FHA said the amount of rental income from the accessory dwelling unit used to determine income may not exceed 30% of the total income used to qualify the borrower.

Lenders should help borrowers buy down interest rates to help close the racial homeownership gap, experts said recently.