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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 56-66
  • 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...
  • Key senators agree on plan to replace Fannie Mae and Freddie Mac

    WASHINGTON — Congressional efforts to shut down bailed-out Fannie Mae and Freddie Mac took a significant step forward with bipartisan agreement from key senators on a plan to overhaul the housing finance system. The proposal released Tuesday would...
  • '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...
  • SunTrust to pay nearly $1 billion for mortgage origination practices

    SunTrust Banks Inc, a large Southeastern regional bank, has agreed to pay $968 million to settle a U.S. federal probe into allegations of mortgage origination, servicing and foreclosure abuses, the U.S. Justice Department said on Tuesday. SunTrust,...
  • SunTrust settlement to bring $33 million to Maryland

    SunTrust settlement to bring $33 million to Maryland
    Maryland will receive $33 million from a nearly $1 billion joint state-federal settlement reached with SunTrust Mortgage Inc. over past problems with its mortgage servicing and foreclosure procedures, the Maryland Attorney General's office announced...
  • SunTrust to pay nearly $1 billion to settle mortgage-abuse allegations

    A nearly $1-billion settlement with California and other state authorities as well as federal agencies will close out two major investigations into possible mortgage wrongdoing by the home-lending arm of Atlanta's SunTrust Banks Inc. The agreements...
  • Virginia borrowers to receive $34 million in mortgage-abuse settlement with SunTrust

    A nearly $1-billion settlement with Virginia, California and other state and federal authorities will close out two major investigations into possible mortgage wrongdoing by the home-lending arm of Atlanta's SunTrust Banks Inc. Virginia is set to...
  • Recovering values put refi in reach for homeowners

    By Ilyce Glink and Samuel J. Tamkin Q: My wife and I bought our house in 2007 for $139,600 with a 30-year mortgage at 6 percent, and we owe around $119,000. Our payment is $1,011 per month, and that includes private mortgage insurance (PMI), our...
  • Credit crunch led to general contractor's woes

    By Ilyce Glink and Samuel J. Tamkin Q: I'm nearing 66 and still working, although I'm retired military of nearly 36 years, a Vietnam vet, and drawing Social Security. I had a successful business as a general contractor for many years. In 2008, just as...
  • Freddie Mac: Fixed mortgage rates edge higher; 30-year averaging 4.14%

    Freddie Mac: Fixed mortgage rates edge higher; 30-year averaging 4.14%
    Reversing a five-week trend, fixed mortgage rates edged higher this week, with lenders telling Freddie Mac they were offering 30-year loans at an average interest rate of 4.14%, up from 4.12% last week.  The 15-year fixed mortgage, a favorite of...
  • Latest government probes of BofA target foreign exchange, FHA issues

    The latest examples of the seemingly endless government probes of Bank of America Corp. focus on foreign exchange and Federal Housing Administration lending practices, the Charlotte, N.C., giant has disclosed. Banks are filing 10-K annual reports with...