Senate approves short sale tax break

Senate approves short sale tax break

Allows tax relief on 2014 short sales

Senate fails to pass Terrorism Risk Insurance Act

Housing groups "extremely disappointed" in "alarming failure"

Another regulator investigates Ocwen Financial

Ocwen’s terrible, horrible, no good, very bad year just got worse
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Items Tagged with 'Mutual Mortgage Insurance Fund'

ARTICLES

Castro: Broad support for ending Fannie Mae and Freddie Mac

Will it be a priority in the administration’s final two years?
Brena Swanson
While the complete overhaul of the government-sponsored enterprises has continuously been an issue in Washington, it has not always been a top priority. Well, it may now be back at the top of the pile for priorities.
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Mortgage insurance back in black in latest FHA actuarial report

Aggressive post-crisis policies improve MMI outlook
Trey Garrison
The Federal Housing Administration released Monday its actuarial report on the Mutual Mortgage Insurance Fund for single-family programs, and it shows the financial health of the regulating agency improved dramatically but that it still has a way to go with its finances.
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CBO: FHA reform bill could save government $514M

Insurance premiums would rise to meet capital requirements
Kerri Ann Panchuk
The Senate proposed FHA Solvency Act could reduce federal discretionary spending by $514 million over a four-year period of time while forcing the FHA to build up to a 3% capital ratio, the Congressional Budget Office said.
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HUD’s bid to sell soured mortgages stops short

Christina Mlynski
The sales are an attempt by HUD to stem losses from its Mutual Mortgage Insurance fund, while providing an alternative for distressed borrowers that are on the brink of foreclosure. Even though investors did not meet the reserve requirements, the agency will carry on with business as usual.
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FHA sounds alarm on CBO data

Disputes data on the MMI fund, single-family mortgage program
Christina Mlynski
The Federal Housing Administration sounded the alarm on a new Congressional Budget Office report, disputing some of its findings on the mutual mortgage insurance fund and the FHA single-familiy mortgage guarantee program.
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FHA bailout pushes federal deficit to $22B

MMI fund to reach its capital ratio requirement by 2017
Christina Mlynski
With the Federal Housing Administration drawing $1.7 billion from the Treasury into its Mutual Mortgage Insurance Fund for the first time in FHA history, the balance of the fund ended up costing the federal government a hefty sum.
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Lawmakers question FHA's long-term safety

Christina Mlynski
U.S. lawmakers mulled over the differences between loans backed by the Federal Housing Administration and private insurers Wednesday, noting that FHA continues to put taxpayers at...
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Industry leaders advise FHA on how to improve housing

Christina Mlynski
Housing industry experts testified before the U.S. Senate Committee on Banking, Housing & Urban Affairs advocating for various solutions to strengthen the Federal Housing Administration’s financial...
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Galante: FHA takes action to reduce likelihood of Treasury bailout

Christina Mlynski
Federal Housing Administration Commissioner Carol Galante testified before the House Financial Services Committee, asserting that the federal agency can avoid an immediate Treasury bailout.Congressional members grilled...
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FHA raises mortgage insurance, for life of loan

Christina Mlynski
Federal Housing Administration Commissioner Carol Galante announced a series of changes to be issued this week that will allow the agency to better manage risk and...
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