NY state senator convicted in foreclosure embezzlement scheme

NY state senator convicted in foreclosure embezzlement scheme

Pay-offs, fraud and bribery marked Democrat senator’s tenure

Weiss Residential: Nearly half of homes in top markets losing value

"Here's where the next housing crash will start"

Small Texas bank winning big fight against CFPB

Court of Appeals upholds bank’s challenge to regulator
W S

Items Tagged with 'USDA'

ARTICLES

Shutdown halts USDA loans

Mortgages processed through the U.S. Department of Agriculture came to a halt when the government shut down last week. The closing thwarted the processing of new USDA loans, creating another potential drag on the housing market.
Read More

Mortgages, USDA-approved

Here's a troubling anecdote for you, via the Wall Street Journal: When Erick Moore first read about the USDA's Rural Development Guaranteed Loan program, he says he imagined it would be "restricted to some little farmhouse." Instead, the 33-year-old computer programmer moved last month into a four-bedroom, three-bath home in Fuquay-Varina, N.C., 17 miles outside Raleigh. The house sits on nearly one acre and features a brick facade, 10-foot ceilings and hardwood floors.
Read More

MPF Program Partners With USDA Rural Development

The Federal Home Loan Banks' Mortgage Partnership Finance Program announced a new partnership with the USDA Rural Development program on Tuesday. Under this new arrangement, approved Home Loan Banks participating in the MPF Program can now purchase RHS Section 502 government-guaranteed loans from qualified members, including commercial banks, thrifts, credit unions, and insurance companies.
Read More