Headlines

The Federal Housing Finance Agency said it was looking for a "responsible solution" to the issue of mortgage debt reduction.

The National Association of Federal Credit Unions VP of Legislative Affairs, Brad Thaler, sent a letter to the Committee on Ways and Means Subcommittee on Tax Policy, urging them to keep the credit union federal tax exemption as they consider tax reform proposals.

Bank of America's Affordable Loan Solution program provides an alternative for low-income borrower but despite being an innovative solution to market demand, industry analysts feel it does not provide enough competition to substitute the FHA completely.

Home builders are performing well in their sector as profits trended upward for fiscal year 2014.

Last month, new single-family home sales failed to impress, dropping nearly 10 percent, while existing-home sales saw little movement. Many in the industry are a bit skeptical of a turnaround this month due to a lack of inventory.

Fannie Mae has announced its latest contribution to the credit risk transfer space—two Credit Insurance Risk Transfer deals that shift a portion of the credit risk on pools of single-family loans and brings more private capital into the market.

As housing demand continues to rise, interest rates remain at historical lows, credit conditions ease, and the labor market improves, home price growth continues to climbs but for how much longer?

New home listings rose at the fastest rate in three years, offering the mortgage industry a small token of relief from shrinking inventory.

NAFCU President and CEO Dan Berger wrote Cordray a letter Thursday asking the Director to exempt credit unions from certain rulemakings.

Inventory has been a ongoing issue in the housing market despite positive indicators from home sales and prices coming out of the crisis.