» Read discussion on Housing Administration 03/05/11 The Federal Housing Administration has become a primary means of financing for U.S. home buyers. But as the government moves to reform the mortgage market, the FHA is heading for some changes that could limit borrowers' access to the loans -- or at least make them more expensive.
08/13/10 Bloomberg News - (Bloomberg) -- Whitney Gollinger, marketing chief for a Manhattan condo building with an outdoor movie theater and panoramic city views, is highlighting a different amenity to spur sales: the financial backing of the federal government. The Federal Housing Administration agreed in March to insure mortgages for apartments at the 98-unit Gramercy Park development, known as Tempo ...
05/13/10 WASHINGTON, DC--(Marketwire - 05/13/10) - The Federal Housing Administration plays a key role in today's housing market, but changes are necessary to support recovery in the real estate market and general economy. That was the focus of today's "Restoring the Balance of Public and Private Capital in Mortgage Finance" session, part of a three-day summit during the Realtors Midyear Legislative ...
05/13/10 WASHINGTON, DC--(Marketwire - May 13, 2010) - The Federal Housing Administration plays a key role in today's housing market, but changes are necessary to support recovery in the real estate market and general economy. That was the focus of today's "Restoring the Balance of Public and Private Capital in Mortgage Finance" session, part of a three-day summit during the Realtors ® Midyear ...
01/26/10 The Federal Housing Administration's Mortgagee Review Board (MRB) announced Tuesday it has immediately and permanently withdrawing the FHA approval of a Claremore mortgage lender.
01/20/10 The Federal Housing Administration, which accounts for half of all first-home purchases, is making it tougher for borrowers to get loans by increasing the amount they have to pay for upfront mortgage insurance and cutting sellers' contributions for closing costs.
01/14/10 New Federal Housing Administration condo-loan guidelines that took effect Dec. 8 could make it much easier for condo buyers to get a loan. Under previous guidelines, half the units in a new condo development had to be sold before the FHA would underwrite a mortgage in the complex.
12/29/09 Mobtown Beat by Edward Ericson Jr.: The Federal Housing Administration suspended Equitable Trust Mortgage Corp., a prominent Canton mortgage lender, from originating new FHA mortgages for six months. The FHA then reinstated the company a few days later after it agreed to make restitution averaging about $4,000 per borrower and pay a...
11/13/09 Nov 13 (Reuters) - The following were the top stories in The New York Times business pages on Friday. Reuters has not verified these stories and does not vouch for their accuracy. * The Federal Housing Administration, the government agency whose loan-insurance programs have become a crucial source of support for the housing market, said its cash reserves had dwindled significantly in the last ...
10/08/09 Oct. 8 (Bloomberg) -- The Federal Housing Administration , which insures mortgages with low down payments, may require a U.S. bailout because of $54 billion more in losses than it can withstand, a former Fannie Mae executive said.
09/19/09 The Federal Housing Administration is tightening rules for lenders after reporting that its financial cushion will sink below mandatory levels for the first time in its 75-year history.
09/19/09 The Federal Housing Administration is tightening rules for lenders after reporting that its financial cushion will sink below mandatory levels for the first time in its 75-year history. Officials, however, insisted Friday that the agency won't need a rescue. "Under no circumstance will any taxpayer bailout be needed," said David Stevens, the FHA's commissioner. The agency doesn't expect to raise ...
09/18/09 The Federal Housing Administration's reserves for bad loans have hit illegally low levels, but the agency vows it won't become the latest financial giant to need... | 
