Highlights
A collection of news and information related to Federal Housing Administration published by this site and its partners.
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President Obama speaks at Roanoke campaign event
The road to the White House clearly goes through our viewing area. Before an estimated crowd of 3,040 people, President Barack Obama gave a campaign speech Friday evening in downtown Roanoke. Obama, who is seeking a second term as president against...
Tags: Elections, Jim Webb, George Allen, Salem (Salem, Virginia), John McCain
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Deal bolsters prospects for stalled marina project
A stalled residential marina development in Blue Island has been purchased by a south suburban company that built its name rehabbing foreclosed homes. Tinley Park-based Mack Cos. acquired 27 acres at Fay's Point, on a peninsula between the Cal-Sag...
Tags: Broadway Theater, Finance, Real Estate, Rentals, Realty
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Short sales routinely show up in credit reports as foreclosures
WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather...
Tags: Real Estate, U.S. Consumer Financial Protection Bureau, The Washington Post, Financial and Business Services, Services and Shopping
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Sellers: How to get the most for your house
Receiving five offers in 48 hours for my parents' former home bowled me over, especially considering the real estate market we all just barely lived through. And these weren't just offers; they were great offers for the four-bedroom ranch house I grew...
Tags: Real Estate Sellers, Homes
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When short sales leave sellers short
Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather than having negotiated a...Tags: Consumers, Finance, Real Estate, Mortgages, U.S. Consumer Financial Protection Bureau
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Manager pleads guilty in Allentown mortgage fraud case
The manager of an Allentown mortgage company who obtained fraudulent loans worth $1.5 million has pleaded guilty in federal court. Joel Tillett, 36, of Whitehall Township admitted to conspiracy and forging loan documents to ensure clients' mortgage...Tags: Trials, Financial and Business Services, U.S. Department of Housing and Urban Development, Prosecution, Defendants
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Insurance stalls revival
There were 11,256 bottles of wine in the cellar of Antoine's Restaurant on the morning of Aug. 29 when Hurricane Katrina struck, some of them rare, most of them expensive and all of them ruined when the power failed, the air conditioning died and the...Tags: Insurance, Premature Birth, Companies and Corporations, Rentals, Sales
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FHA financing attracts larger pool of buyers
Q: I own a condominium in an eight-unit building. I am preparing my unit for sale and my Realtor says that our association should get the building FHA approved so that prospective buyers who plan to use FHA-backed mortgages can be viable prospects. Can...
Tags: Condos, Real Estate, Mortgages, Services and Shopping, Real Estate Buyers
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New Developments in Home Financing
Most experts agree that the housing market is strengthening and could be the bright spot for the U.S. economy in 2013. Signs of the housing recovery are clear: home values and inventory levels have stabilized; interest rates on mortgages remain near all-...Tags: Finance, Insurance, Mortgages, Economy, Business and Finance, Prices
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Loan underwriters make 'absurd' demands in effort to verify data
Did you hear about the loan underwriter who demanded a letter from the borrower's doctor stating the borrower had been healed and his illness would not come back? How about the underwriter who wanted a verification of employment from the borrower who...Tags: Finance, Christianity, Social Security, Mortgages, Fannie Mae
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First-time buyers learn compromise
After about six months of looking, Richard Mallek and his wife, Susan, are ready to close on their first home, a three-bedroom sanctuary with old Florida charm in Boynton Beach, Fla. Before the couple began their search last summer, they paged through...
Tags: Fort Lauderdale, Real Estate, Mortgages, Banking, Coconut Creek
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Wichitans charged with mortgage fraud
KWCH 12 Eyewitness NewsSeven people in Wichita have been charged in a federal mortgage fraud case. An indictment alleged the scheme involved straw buyers and straw sellers, false loan applications and false supporting documentation submitted to lenders. Victims of the fraud...Tags: Prosecution, Federal National Mortgage Association, Mortgages, Fannie Mae, Banking
Jul 13, 2012
|Story| WDBJ7
May 17, 2013
|Column| Chicago Tribune
May 17, 2013
|Story| Los Angeles Times
May 17, 2013
|Column| Orlando Sentinel
May 18, 2013
|Story| Hartford Courant
May 14, 2013
|Story| Allentown Morning Call
May 8, 2013
|Story| Chicago Tribune
May 10, 2013
|Column| Chicago Tribune
May 9, 2013
|Story| Hartford Courant
May 3, 2013
|Story| Los Angeles Times
May 2, 2013
|Story| Chicago Tribune
May 2, 2013
|Story| KWCH
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