Banks offer exposure to mortgage risk — and investors want in

The new bond products offer higher yields in a low-interest-rate environment. But if the loans go bad, investors are on the hook. Continue reading

Citi pledges to serve more minority homebuyers

The lender is expanding access to HomeRun and Lender Paid Assistance mortgage programs, two loan products that can be important tools for minority borrowers in low- and moderate-income neighborhoods. Continue reading

Wells Fargo pledges $1B to fight housing affordability crisis

Wells Fargo will be putting $1 billion toward various affordable housing initiatives, such as housing affordability, financial health and small business growth, from now into 2025. Continue reading