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Fha Loans

Bank Of America Deal A Victory For New York Families

Eric T. Schneiderman | Posted 10.21.2014 | Politics
Eric T. Schneiderman

This settlement sends a strong message that banks that prey on customers and investors will be held accountable. I will continue to investigate financial institutions that bend the rules for their own benefit, and pursue equal justice for all New York families.

Housing Giant May Have Tried To Hide Critical Info From U.S. Lawmakers

Reuters | Posted 08.05.2013 | Business

WASHINGTON, June 4 (Reuters) - The U.S. Federal Housing Administration may have tried to hide the magnitude of losses it could face under the most s...

Are Conventional Mortgages Drying Up in Minority Communities?

Chris Birk | Posted 09.29.2012 | Business
Chris Birk

A new report from seven housing and policy agencies suggests evidence of a two-tiered mortgage market in which borrowers and communities of color are increasingly cut off from prime conventional financing.

Want an FHA Loan? Resolve Bad Debts First | Posted 06.18.2012 | Money

The Federal Housing Administration (FHA) recently announced a policy change in how they will treat mortgage loan applications for those whose credit histories contain unpaid collection accounts.

Report: Federal Housing Administration May Require A Bailout By Next Year's End

Posted 11.15.2011 | Business

The Federal Housing Administration's cash reserves have dropped so low that there is a close to a 50 percent chance it could run out of funds and may ...

Mortgage Groups Push Senate Leaders to Extend Loan Limits

Chris Birk | Posted 11.09.2011 | Business
Chris Birk

Mortgage and real estate trade groups are pressing Senate leaders to take action on a bill that would extend the maximum mortgage loan limits through ...

FHA: The Next Housing Bubble? Lawmakers Worry Agency Is Creating Another Boom | Jim Puzzanghera | Posted 05.25.2011 | Business

Reporting from Washington - In the wake of the mortgage meltdown, the Federal Housing Administration has emerged as a pillar of the still wobbly housi...

Concerns Grow About Another Mortgage Giant | LOUISE STORY | Posted 05.25.2011 | Business

WASHINGTON -- First it was Fannie Mae and Freddie Mac. Now concern is growing that another government mortgage giant might teeter, just as the nation'...

The Destruction Of The Inland Empire

Leighton Woodhouse | Posted 05.25.2011 | Los Angeles
Leighton Woodhouse

Endless miles of exurban sprawl in the Inland Empire have become manicured ghost towns, with big plastic padlocks on every door and mosquito larvae hatching in every stagnant swimming pool.

New Wave Of Federally-Backed Mortgages Go Bad Without A Single Payment

Washington Post | Dina ElBoghdady and Dan Keating | Posted 05.25.2011 | Business

This decade's housing boom rendered the agency irrelevant. Americans raced to aggressive lenders, seduced by easy credit and loans with no upfront cos...

FHA-Backed Loans: The New Subprime

BusinessWeek | Chad Terhune and Robert Berner | Posted 05.25.2011 | Business

As if they haven't done enough damage. Thousands of subprime mortgage lenders and brokers--many of them the very sorts of firms that helped create the...

"Too Big to Fail" Vs. "Too Big to Be Responsible"

Ryan Mack | Posted 05.25.2011 | Business
Ryan Mack

I believe in the free market economy, but once an entity becomes "too big to fail" it introduces the possibility that government intervention is a justifiable remedy.