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Timothy Hutton

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News Coverage on Federal Housing Administration - CTNow
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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

Displaying items 23-33
  • Homeowners can challenge eminent domain compensation

    Homeowners can challenge eminent domain compensation
    Q: My state government has plans to expand our rapid transit railway system, and many of us are concerned that they will take our houses to complete the project. What is the law on this? Do they have the absolute right to do this? A: You are referring...
  • FHA's homeownership initiative gets mixed reactions

    A new proposal from the Federal Housing Administration would lower mortgage insurance premiums for borrowers who complete homeowner counseling before and after they receive a government-backed mortgage. But already there is skepticism about whether the...
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  • Condos are becoming FHA no-lending zones

    Condos are becoming FHA no-lending zones
    For young first-time buyers, people with modest down-payment cash or seniors who want to tap their equity using a reverse mortgage, it's a growing problem: They cannot use Federal Housing Administration financing in condominiums. It's not that these...
  • Rename reparations to level racial playing field in U.S.

    Rename reparations to level racial playing field in U.S.
    "Have you heard of Irish amnesia?" a jolly Irish-American friend once joked. "It's when you forget everything but the grudges." Indeed, I responded, a lot of us black folks can identify with that: We forget everything but our "40 acres and a mule."...
  • Mortgage rates defy forecasts

    As 2014 arrived, experts were confident that the 30-year mortgage rate would rise to at least 5% this year as the Federal Reserve cut back a bond-buying program, which had depressed the rates to unheard-of lows in 2013. So much for the experts. The...
  • Controversial FHA payoff rule to end

    WASHINGTON — Can you be charged interest on your mortgage even after you've fully paid it off? Can the meter keep running when you owe the bank nothing — your principal balance is zero? Surprise! Much to the chagrin of large numbers of...
  • Senior housing complex being built near Compton transit stops

    Senior housing complex being built near Compton transit stops
    Work is underway on Metro @ Compton Senior Apartments, a $19.5-million housing community near several transit stops, including the light rail Metro Blue Line. The project is being developed by Meta Housing Corp. of Los Angeles, which specializes in...
  • 'Boomerang' buyers get another chance at homeownership

    'Boomerang' buyers get another chance at homeownership
    Just 10 days before Christmas 2009, Ganel Appolon found an envelope taped to his front door. He and his family were being evicted from their Tamarac home. Appolon had fallen behind on his mortgage payments, and the lender repossessed the property...
  • The ethics of walking away from a mortgage

    By Ilyce Glink and Samuel J. Tamkin Q: I am a CPA (retired). When the subject of underwater homeowners comes up, it seems that advice on this matter always ignores one truth that deserves to be told. When one takes out a mortgage to purchase a home,...
  • Key senators agree on plan to replace Fannie Mae, Freddie Mac

    Key senators agree on plan to replace Fannie Mae, Freddie Mac
    WASHINGTON -- Congressional efforts to shut down bailed-out Fannie Mae and Freddie Mac took a significant step forward Tuesday as key senators announced bipartisan agreement on a plan to overhaul the housing finance system. The proposal, which will be...