To understand how these amendments affect a typical home equity loan, a loan example has been developed that incorporates the changes in the regulation. The annual percentage rate test and the points and fees test are applied to a loan example.

HOPE Coalition America has activated Project Restore HOPE to assist recent hurricane victims with the short-, medium- and long-term economic and financial challenges they will face in the weeks and months ahead

This article highlights popular Community Reinvestment Act websites of interest to bankers, community groups and others engaged in the CRA.

As the LIHTC program faces the biggest challenges of its nearly 25-year history, it's imperative to look holistically at the evolution and distribution patterns of this housing production program. This issue provides a program overview, a current market-condition analysis and an update on recent...

Residents from every walk of life focused on financial education April 19?25 during the inaugural Money Week Houston campaign. In a citywide effort, more than 150 free public events were held at libraries, churches, schools and community centers throughout Greater Houston, offering consumers the...

Exceptionally high numbers of unbanked Houston residents are experiencing the advantages of having a bank account as the Bank on Houston program wraps up its second quarter of operation.

Chart shows seriously delinquent loans by loan category in Texas, 2001-2007. ; Seven Texas metropolitan statistical areas ranked in the Top 100 MSAs with the highest foreclosure rate relative to the total number of households in the MSA. ; Twenty-two Texas ZIP codes made the list of 500 U.S. ZIP...

Texas has a rather quick foreclosure process for non-home equity loans. (Home equity loans must be foreclosed judicially.) The process is conducted by the trustee designated by the lender in the deed of trust (the mortgage instrument) without any court involvement.

Some local communities are discovering that affordable housing and community development programs can flourish even with reduced federal backing.