Federal Housing Administration

FHA: Wealthy Buyers Qualifying For Guaranteed Mortgages, Despite Depleting Reserves

nytimes.com | DAVID STREITFELD | Posted 11.20.2009 | Business

Read More: Mortgage Crisis, Federal Housing Administration, Mortgage Bankers Association, Home Buyers, Defaults, First-Time-Home-Buyer-Tax-Credit, Housing Crisis, Home Buyer Credit, Business News

The Internal Revenue Service is giving tax rebates to first-time buyers, and soon to move-up buyers, in a program beset by accusations of fraud. And t...

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Administration Asleep at the Wheel on FHA Oversight

Rep. Darrell Issa | Posted 11.13.2009 | Politics

Read More: Federal Housing Administration, Ed Kelley, Freddie Mac, Wall Street, Fannie Mae, Obama Administration, David Stevens, Politics News
Rep. Darrell Issa

Congress and the administration are addicted to using the taxpayers to prop up the flailing housing market without proper oversight. It is precisely this negligent behavior that got us into this mess.

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FHA Bailout: Federal Housing Agency Has Lowest Amount Of Cash On Record

bloomberg.com | Dawn Kopecki | Posted 11.13.2009 | Business

Read More: Federal Housing Administration, Foreclosures, Bailout, Fha, Mortgage Crisis, Mortgage Defaults, David H. Stevens, FHA Baulout, Housing and Urban Development, Shaun Donovan, Business News

Nov. 12 (Bloomberg) -- The Federal Housing Administration's mortgage insurance reserves fell to the lowest level in history and the government said mo...

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FHA: The Next Housing Bubble? Lawmakers Worry Agency Is Creating Another Boom

latimes.com | Jim Puzzanghera | Posted 10.09.2009 | Business

Read More: FHA Loans, Federal Housing Administration, Mortgages, Fha, Home Prices, Housing Bubble, Real Estate, Mortgage Crisis, Business News

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

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Concerns Grow About Another Mortgage Giant

nytimes.com | LOUISE STORY | Posted 10.08.2009 | Business

Read More: Federal Housing Administration, Mortgages, Freddie Mac, Bailout, FHA Loans, Fha, Loans, Taxpayer Money, Mortgage Loans, Fannie Mae, Government Loans, David H. Stevens, Business News

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

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Banks Denying VA-Backed Mortgages

The Huffington Post | Julian Hattem | Posted 10.05.2009 | Business

Read More: Federal Housing Administration, Shared-Work-Program, Department of Veterans Affairs, Afghanistan Veterans, Iraq Veterans, Veterans Affairs, Subprime Mortgages, Bearing Witness 2.0, Paid Sick Leave, Bearing Witness, Veterans, Business News

As part of the Huffington Post's efforts to bear witness to the effects of the current economic environment on ordinary Americans, we're rounding up s...

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Home Loans Brokered By Nonprofits Helped Fuel The Housing Crisis

The Huffington Post Investigative Fund | Jeff Horwitz and Dave Jamieson | Posted 12.01.2009 | Business

Read More: Federal Housing Administration, Fha, Ann Ashburn, Beazer Homes, Ameridream, Nonprofits, Home Loans, Huffington Post Investigative Fund, Business News

Before the housing boom got underway in the late 1990s, a California nonprofit group hatched an idea to help families who qualified for government-bac...

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USDA Mortgages: Zero-Down Government Loans Called "Subprime Beef"

BusinessWeek | Mara Der Hovanesian | Posted 11.22.2009 | Business

Read More: Department of Agriculture, Federal Housing Administration, Suprime Mortgages, Usda, Joaquin Tremlos, Mortgage Market, Business News

Builders and lenders are dusting off a familiar pitch: mortgages with $0 down and 100% financing. The deals, which take advantage of a little-known lo...

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

Washington Post | Dina ElBoghdady and Dan Keating | Posted 04.07.2009 | Business

Read More: FHA Loans, Economy, Federal Housing Administration, Fha Mortgage Defaults, Housing Crisis, Mortgage Defaults, Mortgage Crisis, Business News

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

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Keeping Your House, But At The Expense Of Your Credit

MarketWatch | Ruth Mantell | Posted 04.08.2008 | Business

Read More: Federal Housing Administration, Bankruptcy, Homeowners, Depression, Consumer Advocates, Business News

For many people, filing for bankruptcy is seen as a scary, worst-case scenario, but consumer advocates say this last resort could be a real help for b...

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