As foreclosure and delinquency rates escalate, community organizations, counseling agencies and policymakers need good-quality data to understand foreclosure patterns and mitigate foreclosure losses to individuals and communities. To that end, the Federal Reserve System has aggregated mortgage...

Anecdotal evidence of abusive practices in the home equity lending market led to the enactment of the Home Ownership Equity Protection Act (HOEPA). The act was amended in late 2001, and compliance under the new rules becomes mandatory on Oct. 1, 2002. The rate-based trigger was lowered by 2...

Four federal agencies conduct CRA examinations and enforce CRA regulations. They are the Office of the Comptroller of the Currency, Federal Reserve Board of Governors, Federal Deposit Insurance Corp. and Office of Thrift Supervision.

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.

An associate professor at the University of Texas at Dallas, Jargowsky directs the Bruton Center for Development Studies, which researches urban and regional development policies and trends, and the Texas Schools Project, which studies educational issues. His research interests center on the...