The Federal Housing Administration is on the brink of the next big government bailout. Potentially. Yet Commissioner Carol Galante insists there is strength ahead.
The Texas House of Representatives approved legislation that would reverse mortgage lending in Texas. Before it can become a law, the legislation will go to voters in Texas on November 5th for approval.
They Said It
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Litton Loan's servicer ratings slashed by Fitch Ratings.
The reverse equity debate inside the Rayburn House Office Building reached a boiling point Thursday as representatives from the Federal Housing Administration listened to lawmakers fire off questions about the importance, or lack thereof, of the reverse mortgage program.
