[Chart] FHA mortgage insurance boom in the works?

[Chart] FHA mortgage insurance boom in the works?

MBA notes impact of cutting MIPs

loanDepot officially files for IPO

Number of shares, price range to be determined

Did Sen. Corker violate SEC rules, Senate ethics by telling investors to short GSEs?

Made questionable remarks on CNBC regarding stocks

Items Tagged with 'Carol Galante'


FHA Commissioner Carol Galante to step down

Industry applauds her positive impact on housing
After years of helping the economy recover from the financial crisis through her role as commissioner at the Federal Housing Administration, Galante announced her decision to leave the U.S. Department of Housing and Urban Development. She will return to California to start teaching at the University of California, Berkeley in January.
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FHA announces plan to expand credit access

Plan offers MI discounts for borrowers, provides clarity on FHA policies
The Federal Housing Administration has released its “Blueprint for Access” which outlines the additional steps the agency is taking to expand credit access for “underserved borrowers.”
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FHA to Realtors (and everyone else): We’re not lowering rates

But acknowledged that rates may have reached a “tipping point” that could drive buyers away
"Now is not the time to roll those premiums back," Federal Housing Administration Commissioner Carol Galante said. "Right now we are priced appropriately and are reaching out to creditworthy individuals.”
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CBO: FHA reform bill could save government $514M

Insurance premiums would rise to meet capital requirements
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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FHA needs $1.7B bailout

Decline in FHA endorsement volume leads to shortfall
The Federal Housing Adminstration will require a $1.7 billion bailout from the Treasury to cover projected losses in mortgage-related programs, officials told Congress in a letter Friday.
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Mega FHA bailout reportedly in the works

Rep. Garrett: Bailout news not a surprise to lawmakers
Lawmakers who stand against the current structure of the Federal Housing Administration were among the first to pipe in when reports of a possible FHA bailout surfaced again this week.
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