The real surprise is not that FHA might need an infusion of funds in the midst of an historic disruption in the housing market, but that it has fared so well until now compared to private bank lenders.
bloomberg.com | Dawn Kopecki | Posted 11.13.2009 | Business
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.
Howard Glaser | Posted 11.17.2009 | Business