...Housing Secretary Shaun Donovan told a conference earlier this month.Fannie and Freddie, combined with the Federal Housing Administration, support about 90 percent of the mortgage market.
...fellow citizens is that this $33 billion price tag is being financed by Fannie Mae, Freddie Mac and the Federal Housing Administration increasing home loan guarantee fees charged to mortgage lenders by one-tenth of one percentage point (see...
...their homes, as it tries to revamp its troubled foreclosure-prevention program.Starting Aug. 1, the Federal Housing Administration will extend the period for unemployed homeowners to miss payments to a full year from three or four months...
...will let people who owe more on their mortgages than their properties are worth get new loans backed by the Federal Housing Administration, people briefed on the plan said. It would be funded by $14 billion from the administration's existing...
...500 lenders and counselors gathered in Atlanta for a two-day conference. The meeting is one of dozens the Federal Housing Administration has planned to publicize the program, which lets troubled homeowners trade risky loans for 30-year fixed...
...motivating homebuilders: an increase from 3 percent to 3.5 percent in the down payment required to qualify for a Federal Housing Administration-insured loan, which also took effect Oct. 1. Builders' discounts helped push down the median price of...
...law in July was the elimination of a commonly used no down payment program: seller-funded assistance on Federal Housing Administration-backed mortgages. After Oct. 1, the only no down payment mortgage left on the books will be a VA loan...
...mortgage holders will likely save $16 billion if they let homeowners refinance into mortgages issued by the Federal Housing Administration, estimated Ladenburg Thalmann analyst Richard Bove. That's assuming that banks will lose roughly $25...
...depressed housing market, the stimulus package would raise temporarily to as high as $729,750 the limit on Federal Housing Administration loans and also raise the cap on loans that mortgage giants Fannie Mae and Freddie Mac can buy. Raising those...
...customers with average credit who are seeking a conforming conventional loan, $417,000 or less, or a Federal Housing Administration or Veterans Administration loan, are not adversely affected by underwriting guidelines. Government-sponsored...