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Federal Housing Administration

A collection of news and information related to Federal Housing Administration published by this site and its partners.

Top Federal Housing Administration Articles see all

Displaying items 1-5
  • Qualifying for reverse mortgages will become harder

    Qualifying for reverse mortgages will become harder
    Are reverse mortgages headed in reverse? Based on forthcoming federal rule changes for seniors who expect to apply for one, you might think so. But as a taxpayer, you might say bravo: Toughening up qualification standards — including such basics as checking applicants' credit, income and cash flows — is a leap forward, long overdue.
  • Tighter standards on reverse mortgages

    Are reverse mortgages headed in reverse? Based on forthcoming federal rule changes for seniors who expect to apply for one, you might think so. But as a taxpayer, you might say, bravo: Toughening up qualification standards — including such basics as...

    Mortgage giants' stance against principal reduction may be softening

     Mortgage giants' stance against principal reduction may be softening
    Jaime Coronel's pick and shovel sat idle when the recession made landscaping jobs scarce, and the home where he and his wife, Juana, raised four children fell into foreclosure. Mortgage giant Fannie Mae gave permission in 2010 for the Coronels to stay...

    The Mortgage Professor: Homeownership is not for everyone

    Some people are not cut out to be homeowners. I call them NOHOs. What distinguishes them is not their income, their mobility, or where they live rather, it is how they live. While homeowners live with at least one foot in the future, and have learned...

    U.S., Wells Fargo not as 'optimistic' about lawsuit settlement: lawyer

    NEW YORK (Reuters) - Wells Fargo & Co and the U.S. Department of Justice are "no longer as optimistic" about settling a lawsuit accusing the country's largest mortgage lender of fraud, a lawyer for the bank said on Tuesday. Douglas Baruch, a lawyer for...