Tag Archives: Federal Housing Administration

Congressman McKeon and Congressman Peters Introduce the Communities …

Washington, D.C. – May 17, 2013 – (RealEstateRama) — This week, Congressman Howard “Buck” McKeon (R-CA 25) and Congressman Scott Peters (D- CA 52) introduced H.R. 1997, the Communities Achieving Sustainability Act (CASA). CASA Authorizes the Housing Urban Development (HUD) … Continue reading

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Waters and Capuano Reintroduce Bill to Strengthen Federal Housing …

Washington, DC – March 14, 2013 – (RealEstateRama) — Today Congresswoman Maxine Waters, Ranking Member of the House Committee on Financial Services, reintroduced the FHA Emergency Fiscal Solvency Act. The legislation, co-sponsored by Representative Michael E. Capuano, Ranking Member of … Continue reading

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No Money? No Worries. Home Lenders Ease Rules

The only low down payment loan left was through the Federal Housing Administration (FHA)—the government’s loan insurer. The FHA took on a huge share of the market, far more than it was ever meant to, and while that helped prop … Continue reading

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They Bailed on Their Homes—Now They Want Back In

While home ownership has fallen dramatically since the recent housing boom, from a high of 69.2 percent in 2004 to 65.4 percent at the end of 2012, according to the U.S. Census, the desire to own a home is still … Continue reading

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They Bailed On Their Homes

While home ownership has fallen dramatically since the recent housing boom, from a high of 69.2 percent in 2004 to 65.4 percent at the end of 2012, according to the U.S. Census, the desire to own a home is still … Continue reading

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House Financial Services Committee Vice Chairman Gary Miller Calls for …

Washington, DC – February 7, 2013 – (RealEstateRama) — Today, the House Financial Services Committee convened a hearing about the role of the Federal Housing Administration (FHA) in the mortgage insurance market. At the hearing, Committee Vice Chairman Gary Miller … Continue reading

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Congresswoman Waters Issues Statement on FHA’s Annual Report

Washington, DC – November 19, 2012 – (RealEstateRama) — Congresswoman Maxine Waters (CA-35) released the following statement in response to the Federal Housing Administration’s annual financial status report issued to Congress today: “While I remain concerned about the health of … Continue reading

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To Stem Losses, FHA Mortgages Get More Expensive

The federal agency that some credit with saving the housing market during the worst of the recent crash, may now be in need of taxpayer help itself. The Federal Housing Administration (FHA), which insures more than $1 trillion worth of … Continue reading

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FHA May Show Negative Reserves For Mortgage Losses

The Federal Housing Administration (FHA), in a report due out Friday, could disclose that its reserves for future mortgage-insurance claims dipped into negative territory for the first time in almost a quarter of a century. Every year, the FHA, the … Continue reading

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Buyers Back After Foreclosure

BY CONOR DOUGHERTY AND DAWN WOTAPKA Millions of families lost their homes to foreclosure after the housing crash hit six years ago. Now, some of those families are back in the housing market. Call them the “boomerang” buyers. It is … Continue reading

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