| Dec 6, 2013
| 4:45 PM
The federal government announced Friday it’s lowering home loan limits in South Florida and across the country next year.
For borrowers in Palm Beach and Broward counties, the maximum loan amount backed by the Federal Housing Administration will...
| Sep 8, 2013
WASHINGTON Three years ago, with his former partner suffering from cancer, Jim Dorsey decided to borrow against the equity on his Vashon Island, Wash., home with a reverse mortgage. The couple didn't have children and didn't plan to move, so a loan that...
| Jan 7, 2013
| 9:34 AM
A Federal Housing Administration mortgage is a favorite of many homebuyers because of the low down payment required.
But Stephen B. McWilliam, president of the Greater Fort Lauderdale Realtors, says buyers may actually save money with a conventional...
| Sep 5, 2013
| 2:24 PM
Board-certified real estate lawyer Gary M. Singer writes about the housing market at SunSentinel.com/housekeys each Friday. To ask him a question, click here.
Q: I have been thinking about getting a reverse mortgage for my home, but I heard that the...
| Sep 16, 2013
| 12:35 PM
Homeowners who were laid off and lost their homes to foreclosure could qualify for a new mortgage in as little as a year under an unprecedented federal rule change that slashes the usual waiting period between financial disaster and buying a new house....
| Jun 26, 2013
WASHINGTON — Nearly five years ago, the subprime meltdown triggered a huge taxpayer bailout of housing finance giants Fannie Mae and Freddie Mac.
Now a bipartisan group of senators has launched the most comprehensive effort yet to clean up the...
| Dec 31, 2012
| 11:17 AM
Imagine that a federal agency wanted to hurt America's working-class families on purpose. How would it inflict maximum damage?
It might start by aggressively marketing homeownership to marginal borrowers. It would tell them that bad credit scores aren't...
| Dec 31, 2012
| 3:55 PM
Federal officials have extended a regulatory waiver that makes it easier to "flip" properties — a move meant to encourage the renovation of foreclosed homes but that critics say could herald the return of predatory schemes.
The Federal Housing...
| Feb 10, 2013
WASHINGTON — If you want to buy a house with minimal cash by using an FHA-insured mortgage, here's some sobering news: Because of an ongoing series of fee increases and underwriting tweaks, those mortgages are getting steadily more expensive and may...
| Mar 22, 2013
| 5:00 AM
If you want to live in Howard County, one of Maryland’s fastest-growing jurisdictions, where it’s competitive — and can be pricey — to buy a home, consider attending the 7th Annual Come Home to Howard County Housing Fair.
| Nov 7, 2013
| 6:15 PM
WASHINGTON — More than five years after the government seized Fannie Mae and Freddie Mac, taxpayers are close to breaking even on the controversial bailouts of the mortgage finance giants.
The companies said Thursday that they would make another...