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As America Becomes More Diverse, Lending Barriers to Minority Homeownership Demand Serious Leadership

Garrick T. Davis | Posted 11.19.2014 | HuffPost Home
Garrick T. Davis

Recently released mortgage disclosure data findings indicate that a majority of future U.S. households could face significant challenges in achieving homeownership.

Mel Watt Lights Up the Real Estate Industry

D. Sidney Potter | Posted 07.17.2014 | Business
D. Sidney Potter

For those in the real estate finance and home building industry, the coming of Mel Watt as the newly inducted Director of the Federal Housing Finance Agency could not have come at a more propitious time.

Learn About New FHA Rules on Mortgage Limits

MyBankTracker | Posted 03.25.2014 | Money
MyBankTracker

"Implementing lower loan limits is an important and appropriate step as private capital returns to portions of the market and enables FHA to concentrate on those borrowers that are still underserved."

When Your Credit Score Is Too Low for a Mortgage

MyBankTracker | Posted 03.12.2014 | Money
MyBankTracker

Mortgage lenders have tightened their credit requirements since the freewheeling lending days that led to the financial crash.

The HECM Reverse Mortgage Program Gets a Makeover

Jack M. Guttentag | Posted 11.11.2014 | Business
Jack M. Guttentag

Last month, FHA announced a series of sweeping changes in the HECM reverse mortgage program, most of which have already taken effect. The changes are a response to increasing losses suffered by FHA in connection with the extensive misuse of the program.

FHA Is $48 Billion in the Black

Peter G. Miller | Posted 01.23.2014 | Business
Peter G. Miller

The FHA operates as a mortgage insurance program. It promises to cover lender losses if a loan goes bad. Like any insurance program it collects premiums, keeps reserves and pays out claims.

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...

Oversize Load To Blame For Bridge Collapse

AP | MANUEL VALDES and MIKE BAKER | Posted 07.24.2013 | Crime

MOUNT VERNON, Wash. — The trucker was hauling drilling equipment when his load bumped against the steel framework over an Interstate 5 bridge. H...

Bridge Collapses In Washington State

Posted 05.24.2013 | Crime

The Interstate 5 Bridge over the Skagit River in Washington state collapsed around 7 p.m. on Thursday, dumping cars and people into the water, KIRO-TV...

Why FHA Mortgages Are More Stable Than We Think

Peter G. Miller | Posted 07.16.2013 | Politics
Peter G. Miller

For the past year there have been worries that the FHA might require taxpayer money to pay off lender claims for loans gone bad. But now it may be that the economy has turned around and the FHA may well do better than anyone thinks.

Sub-prime 2013 Edition: It Is Government Insured!

Jack M. Guttentag | Posted 11.11.2014 | Business
Jack M. Guttentag

In 2008, FHA attempted to increase mortgage insurance premiums on low credit scores, and to reject scores less than 500 unless the loan-to-value ratio was 90 percent or less. The proposal was shot down by Congress. Premiums are scheduled to rise this year, but will not be scaled by credit score.

Down Payment Debate Flares Again

Peter G. Miller | Posted 07.02.2013 | Business
Peter G. Miller

For months the real estate industry has been complaining about a shortage of homes to sell, an inventory which is too small. Raise down payment requirements and the inventory problem will vanish while home prices will fall. Why? Because there will be fewer buyers in the market looking for homes.

Amanda Terkel

Obama Circumvents Gridlocked Congress To Advance LGBT Rights

HuffingtonPost.com | Amanda Terkel | Posted 02.28.2013 | Politics

WASHINGTON -- Don't expect any landmark gay rights bills in the 113th Congress. The GOP-controlled House of Representatives continues to use taxpayer ...

HUD's Disparate Impact Rule Praised by Fair Housing Advocates: Misunderstood by Critics

Gregory D. Squires | Posted 04.26.2013 | Politics
Gregory D. Squires

Fair, objective, and non-discriminatory policies and practices are essential for any city to pursue successful community revitalization initiatives.

The FHA and the Role of Government When Markets Fail

Jared Bernstein | Posted 04.16.2013 | Business
Jared Bernstein

Now that the housing market is starting to come back to life -- that's "starting," as in it's got a long way back to healthy conditions -- the Federal Housing Administration is doing exactly what it should be doing: getting back to pre-crisis levels of lending standards and market share.

New FHA Rules Make Home Loans More Expensive For Most Borrowers

Ben Hallman | Posted 04.02.2013 | Business
Ben Hallman

Since the housing market collapsed more than five years ago, would-be homebuyers with low or moderate incomes, or with less-than-stellar credit scores have had really just one financing option: a mortgage backed by the FHA.

Someone Else May Need A Taxpayer Bailout

Reuters | Posted 01.15.2013 | Business

WASHINGTON, Nov 15 (Reuters) - The Obama administration said on Thursday it planned to take steps to fill a capital hole at the Federal Housing Admi...

Ben Hallman

Fannie Mae, Freddie Mac Dial Back Loans To Low-Income Home Buyers

HuffingtonPost.com | Ben Hallman | Posted 09.21.2012 | Business

When the Federal Reserve vowed last week to buy up $40 billion worth of home loans each month for the indefinite future, the hope was to finally stimu...

The White House and Your House: Policy Inertia and Organizational Resistance in the On-going Crisis of American Housing

David Coates | Posted 05.26.2012 | Business
David Coates

In 2008-9, major banks in trouble were bailed out by American homeowners as taxpayers; but in 2012 American homeowners in trouble are not being bailed out by those same banks to anything like the same degree.

Mortgage Insurer's Bankruptcy Will Make It Harder To Get Loans

The Huffington Post | Ann Brenoff | Posted 11.23.2011 | Business

One of the nation's major mortgage insurers filed for Chapter 11 bankruptcy protection Wednesday -- a move that's seen as a blow to lenders and ultim...

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 ...

How the U.S. Government Promoted Segregation

Preeti Vissa | Posted 12.11.2011 | Politics
Preeti Vissa

For every dollar a white family owns, the median Latino family has six cents and the median black family has a nickel. That staggering gap didn't happen by chance.

Another Blow to Housing Markets Looms Without FHA Loan Limit Extension

Matthew Dornic | Posted 11.26.2011 | Politics
Matthew Dornic

In less than a week, the home buying power of millions of Americans will be crippled by an average of $68,000. Some markets will experience declines as high as $250,000. That is, unless Congress intervenes before Oct. 1.

Amnesty for the Indefensible

Robert Scheer | Posted 10.24.2011 | Business
Robert Scheer

They will get away with it, at least in this life. "They" are the Wall Street usurers, people of a sort condemned in Scripture, who have brought more misery to this nation than we have known since the Great Depression.

BofA Signs HUD Pact Worth Millions Over Faulty Loss Mitigation

American Banker | Kate Berry and Jeff Horwitz | Posted 10.04.2011 | Business

The Department of Housing and Urban Development has reached a settlement with Bank of America that releases the company from liability for failing to ...