Topic: Federal Housing Administration
HUD asking for $41.6B for 2011 budget
AP News
HUD's 2011 budget amounts to 5 percent cut in funding due to expected spike in FHA revenueThe Department of Housing and Urban Development said Monday it will ask for less money from Uncle Sam this year because it expects income from two of its agencies to more than double ...
Get Low Rates With an FHA Loan
isnare
OverviewFHA loans are a great option for individuals who are either purchasing a new home or refinancing their current home. Because these loans are insured by the Federal Housing Administration (FHA), borrower s have access to lower interest rates than may be available to them on other types of home ...
Federal Housing Administration to raise fees
AP News
Federal Housing Administration hikes fees, tightens standards for home loansThe Federal Housing Administration is raising fees and tightening lending standards to shore up its strapped finances and avoid a taxpayer bailout. The government agency has seen its losses rise with the foreclosure rate. Its reserves have sunk below the minimum ...
HUD acts to speed foreclosed properties resales
Reuters US Online Report Domestic News
WASHINGTON (Reuters) - The U.S. government is taking action to speed the resale of foreclosed properties by temporarily expanding access to Federal Housing Administration mortgage insurance, U.S. housing officials said on Friday. Effective Feb 1, the Housing and Urban Development Department will waive for one year an FHA rule ...
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