Home ownership affordability is at a record high due to low home prices and all-time low mortgage rates. But housing experts have blamed banks’ tightened lending standards for keeping more buyers on the sidelines because they are unable to qualify for financing.

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The Obama administration will be expanding eligibility requirements for its foreclosure prevention program, the Home Affordable Modification Program (HAMP), to help more struggling home owners participate.
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Nationally, the median list price for a home in December 2011 was $188,000, a 5 percent increase over December of 2010, according to Realtor.com data tracking 147 metro areas.
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The Appraisal Foundation’s Appraisal Practices Board is seeking public comment on a proposal about how to adjust comparable sales for seller concessions when making valuations.
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A high mortgage debt doesn’t mean you’re at a greater likelihood of defaulting on your mortgage, at least according to a new analysis.
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HUD Secretary Shaun Donovan is set to roll out a new agency policy to combat bias against lesbian, gay, bisexual, and transgender people in federally-supported housing programs.
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