FHA Bailout: Federal Housing Agency Has Lowest Amount Of Cash On Record
Nov. 12 (Bloomberg) -- The Federal Housing Administration's mortgage insurance reserves fell to the lowest level in history and the government said mo...
Nov. 12 (Bloomberg) -- The Federal Housing Administration's mortgage insurance reserves fell to the lowest level in history and the government said mo...
latimes.com | Jim Puzzanghera | Posted 10.09.2009 | 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...
nytimes.com | LOUISE STORY | Posted 10.08.2009 | 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 Huffington Post Investigative Fund | Jeff Horwitz and Dave Jamieson | Posted 11.04.2009 | Business
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...
wsj.com | Posted 09.29.2009 | Business
The Treasury has announced new "capital cushion" requirements for financial institutions to reduce excessive risk and prevent taxpayer bailouts. Seems...
washingtonpost.com | Zachary A. Goldfarb and Dina ElBoghdady | Posted 10.23.2009 | Business
In the go-go years of the U.S. housing boom, virtually anybody could get a few hundred thousand dollars to buy a home, and private lenders flooded the...
washingtonpost.com | Zachary A. Goldfarb and Dina ElBoghdady | Posted 10.22.2009 | Business
Only one lender of consequence remains: the federal government, which undertook one of its earliest and most dramatic rescues of the financial crisis ...
Ronald B. Robinson | Posted 03.08.2009 | Politics
Does the Republican ploy to provide 4% home mortgages to boost the economy sound too good to be true? It is. Buyer Beware!
BusinessWeek | Chad Terhune and Robert Berner | Posted 12.22.2008 | 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...
AP | ALAN ZIBEL | Posted 03.26.2009 | Business
WASHINGTON — Once again, the government has offered another plan to help troubled homeowners. Once again, critics say it doesn't go far enough. ...
Jim Randel | Posted 08.07.2008 | Business
If after all the debate and turmoil the new foreclosure law only works "on paper," a lot of people will have wasted a lot of time and effort for nothing.
bloomberg.com | Dawn Kopecki | Posted 11.13.2009 | Business