Looking back, the housing industry is totally Scrooged

Looking back, the housing industry is totally Scrooged

Here's the HousingWire/Star Wars Christmas 2014 special

FHA loans could face "tidal wave of defaults"

All indices hit series high

Another mortgage lender launches 3% down loan

Falls in line with FHFA
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Items Tagged with 'FHA'

ARTICLES

FHA loans could face "tidal wave of defaults"

All indices hit series high
Trey Garrison
"The increase in risk for all the major government agencies over the past two years is cause for concern," said Stephen Oliner, co-director of AEI's center. "This is especially true for FHA loans, which would experience a tidal wave of defaults if we have another severe financial crisis."
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Community bankers call on FHA to lower mortgage insurance premiums

Costs threaten housing recovery, trade groups say
Trey Garrison
The FHA is getting back on its fiscal feet, but it's still charging premiums that the mortgage finance industry worry are too high. Here's what they want, and why.
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Political theater: Community groups giving HUD “Grinch of the Year” award

Advocates say distressed asset sales drive foreclosures
Trey Garrison
Get ready for a little coal in the stocking for the FHA — community groups and housing advocates are protesting the Distressed Asset Stabilization Program. Here's what will happen Thursday.
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The biggest obstacle to a mortgage market recovery that nobody is talking about

The high cost of servicing delinquent loans
Taz George and Laurie Goodman
These timelines are often difficult if not impossible to meet while meeting consumer protection rules put in place by states and the Consumer Financial Protection Bureau (CFPB).
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Ocwen buying portfolio of delinquent Ginnie Mae mortgages

Treasury looking at impact of backdating letters allegation
Trey Garrison
If Ocwen is experiencing a tough time, they're not doing it lying down. The nonbank is moving now to purchase Ginnie Mae delinquencies even as the Treasury Department is reviewing the backdating letters scandal.
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Realtors push for more policies to boost first-time homebuyers

NAR: Congress, White House must do more for housing
Trey Garrison
Realtors want to open the credit boxes even more and want Washington to push policies to help those with lower credit and less savings buy homes. Haven't we heard this one before?
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Barclays: New Fannie, Freddie mortgages will take business from FHA

Low-down payment loans getting competitive
Jacob Gaffney
To be sure, these are two different business models: Fannie and Freddie securitize mortgages while the FHA insures them. The low down payment will require private mortgage insurance, but that isn't the only way it could take business from the FHA.
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FHA announces 2015 loan limits

Limits for highest and lowest cost areas remain unchanged
Ben Lane
The Federal Housing Administration announced its 2015 conforming loan limits. Spoiler alert: Not much changed.
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Big claim: Private mortgage insurance saves homeowners up to $12,000

WalletHub highlights stark differences in FHA, private MI
Trey Garrison
With new lending guidelines out from the GSEs, the stark differences between FHA and private mortgage insurance is all the more evident. Here's how much it costs.
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Wells Fargo, DOJ losing “optimism” for lawsuit settlement

Wells Fargo lawyer says litigation may continue
Ben Lane
A settlement between Wells Fargo and the U.S. Department of Justice over claims that Wells Fargo misled the U.S. Department of Housing and Urban Development into believing its loans qualified for insurance from HUD's Federal Housing Administration has hit another snag.
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