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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 89-99
  • Obama backs push to replace Fannie Mae, Freddie Mac

    PHOENIX — President Obama on Tuesday got behind a bipartisan push to replace housing finance giants Fannie Mae and Freddie Mac with a new government approach to mortgage guarantees, criticizing a system that let bailed-out firms profit while...
  • Fannie Mae posts 2nd-quarter profit, will pay U.S. $10.2 billion

    Fannie Mae posts 2nd-quarter profit, will pay U.S. $10.2 billion
    WASHINGTON -- Boosted by the housing market rebound, bailed-out mortgage-finance giant Fannie Mae posted its sixth straight quarterly profit in the April-June period and will pay an additional $10.2 billion in dividends to the federal government. The...
  • Richmond's eminent domain mortgage plan faces a new concern

    Richmond's eminent domain mortgage plan faces a new concern
    There may be a new glitch in Richmond’s strategy to bring mortgage relief to residents using the city's eminent domain powers. The federal government has raised concerns that participating homeowners may not be eligible to refinance into the kinds...
  • Dissolving Fannie Mae, Freddie Mac may hurt borrowers

    WASHINGTON — You may have seen two sets of news reports recently that didn't quite add up: First, President Obama called for the liquidation of Fannie Mae and Freddie Mac, the country's largest providers of funds for home mortgages. Then, Fannie Mae...
  • Fannie, FHA ease rules for borrowers with blemished credit

    Fannie, FHA ease rules for borrowers with blemished credit
    WASHINGTON — Policy changes by two of the biggest players in the mortgage market could open doors to home purchases this fall by thousands of people who were hard hit by the housing bust and who thought they'd have to wait for years before owning...
  • FHA eases rules for some borrowers after bankruptcy, foreclosure

    FHA eases rules for some borrowers after bankruptcy, foreclosure
    The Federal Housing Administration wants to make it easier for people who have defaulted on their mortgages to get a new home loan with FHA backing. But there's a catch. To qualify for the break, borrowers must show that their foreclosure or...
  • FHA puts new limits on reverse mortgage program for seniors

    WASHINGTON — For homeowners who were looking to the federal government's reverse mortgage program to supply lots of cash for their retirement years, here's a heads-up: The pipeline just got narrower. Pressed by Congress to slash losses, the...
  • Signs of an easing of credit requirements are surfacing

    WASHINGTON — Could the end of the refinancing boom be stimulating slightly more favorable mortgage terms for home buyers? The latest comprehensive study of activity in the market suggests the answer could be yes. Ellie Mae Inc., a mortgage...
  • Part-time earnings may not count when seeking a mortgage

    WASHINGTON — It's an issue that hasn't gotten much attention but should be a red alert for first-time buyers and others who supplement their incomes with part-time work: Though part-time earnings are playing an increasingly important role in the...
  • MECU to acquire Advance Bank in Baltimore

    MECU to acquire Advance Bank in Baltimore
    Municipal Employees Credit Union of Baltimore Inc. announced Thursday that it had agreed to acquire Advance Bank, another Baltimore-based institution. A sale price hasn't been determined and will be based on which Advance assets regulators say MECU can...
  • Key federal tax aid for homeowners in danger of expiration

    WASHINGTON — Haven't we seen this movie before? On Capitol Hill for the second year in a row, key federal tax assistance for homeowners is heading for expiration within weeks. And there's no sign that Congress plans — or has the minimal...