Why super long mortgages won't be a thing, and why that's good news
Longer loans, including a 50-year concept recently floated in the UK, are sometimes framed as a way to improve housing affordability. But the experts aren't convinced
by Jim Dalrymple II Jul 15
FairPlay lands $4.5M seed round to help lenders combat racial bias
APIs are designed to help lenders discover bias in algorithms and take a second look at rejected applicants
by Matt Carter Nov 15
Lenders granted some leeway to initiate foreclosures
Mortgage lenders will soon be able to initiate foreclosure proceedings against homeowners who are 120 days behind on their mortgage payments
by Matt Carter Jun 29
Lenders who rely on AI, algorithms could face new legal risks
The Department of Housing and Urban Development plans on rescinding the Trump administration's protections for lenders accused of inadvertent discrimination
by Matt Carter Jun 28
HUD unveils fair housing proposal, draws condemnation from housing advocates
A proposed rule change is meant to give local officials more flexibility, but critics condemned the proposal as an attempt to "gut" fair housing efforts
by Jim Dalrymple II Jan 7
Trump admin proposes massive overhaul of FHA, Freddie and Fannie
New guidance from HUD and U.S. Treasury would end the conservatorship of Fannie Mae and Freddie Mac, while reforming the Federal Housing Administration
by Patrick Kearns Sep 6
Consumer groups push states to strengthen foreclosure prevention
Report: Servicers should be required to consider alternatives
by Inman Apr 9
Center for Responsible Lending: Homeownership helps families build wealth
by Inman Dec 12
Agreement with DOJ also addresses treatment of married borrowers
by Inman Dec 21
Center for Responsible Lending: Higher minimums would hurt middle class
by Inman Mar 2
Civil rights groups calling for national foreclosure moratorium
by Inman Oct 8
Critic says legislation was 'unnecessarily burdensome'
by Matt Carter Sep 2
Study: Latinos, African Americans more likely to have high-cost loans
by Inman Aug 17