The down payment is the biggest barrier to achieving homeownership, so why is a Washington regulator ending a program of ...

“Special Purpose Credit Programs,” or SPCPs, are targeted lending products designed to specifically benefit some groups of Americans who have historically been denied credit due to discriminatio ...

PITTSFIELD — Greylock Federal Credit Union has been approved to participate in the Lift Up Homeownership program, a special purpose credit program offered by Federal Home Loan Bank of Boston to ...

It also authorizes full forgiveness of special-purpose credit program loans after they’ve been outstanding for at least five years for participants with household incomes at or below 80% of the AMI.

The FHFA also ended Fannie Mae and Freddie Mac's participation in special purpose credit programs, which allow creditors to consider race, ethnicity or geographic location when assessing credit ...