News tagged with “fha”. Found:
34 tagged news reports.
Your Search Returned 34 tagged news reports
FHA feeling the heat to pump up its reserves
Chicago :: IL :: USA | 10 days ago
Credibility
For the past several years, the Federal Housing Administration has been the go-to financing resource for cash-strapped homebuyers who can't come up with a big down payment. It has zoomed from barely a 3 percent market share to nearly 30 percent of home...
Tags: FHA, insured premiums, Chicago, FHA loan, Personal finance, Mortgage insurance, Refinancing, Reverse mortgage, Mortgage, Federal assistance in the United States, Federal Housing Administration, Business Finance
FHA gives condo market a little chance to recharge
Downers Grove :: IL :: USA | 10 days ago
Credibility Here's the latest two words from the Federal Housing Administration, at least for now: Never mind. On the same day that President Obama signed an extension and expansion of the federal homebuyer tax credit, the FHA announced that while it still intends...
Tags: FHA, condo market, percent offing, Downers Grove, Subprime mortgage crisis, Housing and Economic Recovery Act, Condominium, Reverse mortgage, Loan modification in the United States, Federal assistance in the United States, Federal Housing Administration, FHA loan, Business Finance
FHA-backed lending is a 'train wreck,' Toll says
Hoboken :: NJ :: USA | 11 days ago
Credibility CEO Robert Toll said. "Yesterday's subprime is today's FHA," Mr. Toll said yesterday at a New York conference for builders sponsored by UBS AG. "It's a definite train wreck and the flag will go up in the next couple of months: Bail us out...The FHA's...
Tags: FHA, train wreck, Mr. Toll, Toll Brothers Inc, Hoboken, United States Department of Housing and Urban Development, Federal Housing Administration, Personal finance, Subprime lending, Subprime mortgage crisis, Mortgage, Federal assistance in the United States, FHA loan, Business Finance
Realtors' agenda shifts to lending-related issues
Nar :: India | 14 days ago
Credibility After successfully lobbying for an extended and expanded home-buyer tax credit, the National Association of Realtors will focus its policy agenda in the months ahead on relief from a credit crunch in commercial real estate, among other issues. "The commercial...
Tags: Jerry Giovaniello, FHA, NAR, Congress, India, Banking, Mortgage, economics, FHA loan, Housing and Economic Recovery Act, Federal Housing Administration, Subprime mortgage crisis, Fannie Mae, Business Finance
FHA considering changes in wake of reserve losses
San Diego :: CA :: USA | 15 days ago
Credibility The Federal Housing Administration is considering a variety of changes -- including requiring larger down payments for FHA-insured mortgages, demanding higher credit scores of FHA borrowers and upping FHA mortgage premiums -- to manage risk as it deals...
Tags: FHA, reversal mortgage, San Diego, Personal finance, FHA loan, Subprime lending, Mortgage insurance, United States Department of Housing and Urban Development, Mortgage, Federal Housing Administration, Federal assistance in the United States, Business Finance, Foreclosure, Second mortgage, Housing and Economic Recovery Act, MERS, Reverse mortgage, Mortgage loan, Banking
FHA boss: FHA is not the new subprime
San Diego :: CA :: USA | 15 days ago
Credibility Federal Housing Administration Commissioner David Stevens says concerns that the agency is headed for the same financial trouble that snared Fannie Mae, Freddie Mac and the subprime sector are unwarranted. Stevens made the remarks during a speech at the...
Tags: FHA, David Stevens, San Diego, Subprime lending, Federal Housing Administration, Fannie Mae, Freddie Mac, Bailout, Personal finance, Mortgage, Subprime mortgage crisis, Business Finance
Stephen Foley: America on bailout red alert again
London :: United Kingdom | 16 days ago
Credibility The agency was set up in the depths of the Great Depression to sell cheap mortgage insurance to people, such as first-time buyers, who cannot rustle up a down-payment of more than 3 per cent. These days it is a supposedly self-financing outpost of the...
Tags: FHA, United Kingdom, London, Personal finance, Banking, Subprime lending, Fannie Mae, Freddie Mac, Business Finance, Subprime mortgage crisis, Affordable housing, Mortgage
HUD says FHA at 'real risk'
Washington :: DC :: USA | 16 days ago
Credibility Secretary of Housing and Urban Development said defaulting loans have the Federal Housing Administration in a "real risk" of depleting its reserves. "There is a real risk...We recognize that there is a possibility that the reserves go below zero and stay...
Tags: FHA, real risk, Washington, Mortgage, Banking, Subprime mortgage crisis, FHA loan, Business Finance, Federal Housing Administration, Shaun Donovan, United States Department of Housing and Urban Development
FHA's Reserves Drop
Washington :: DC :: USA | 18 days ago
Credibility Federal Housing Administration's cash reserves has dropped sharply to well below the congressionally mandated level, according to an actuarial study of the agency's finances released Thursday. The FHA's excess reserves available to cover losses have fallen...
Tags: FHA, housing agency, Washington, Mortgage, Banking, United States Department of Housing and Urban Development, Insurance, FHA loan, Federal Housing Administration, Finance, Types of insurance, Business Finance, Actuary, Federal Reserve System, Affordable housing, New Deal agencies, Shaun Donovan, Housing and Economic Recovery Act, Federal assistance in the United States, Subprime mortgage crisis, Fannie Mae, Subprime lending, Loan modification in the United States, Personal finance
FHA rule change could benefit condo market
Miami :: FL :: USA | 19 days ago
Credibility Last week, the FHA, the federal agency that insures low-down-payment home loans for private lenders, said it was relaxing its building underwriting guidelines as a way of helping the struggling sector ride out the downturn. The move could help boost sales...
Tags: FHA
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