Posts Tagged ‘federal housing administration’

HUD Revises the Rules Related to Reverse Mortgages

HUD Revises the Rules Related to Reverse Mortgages

HUD’s new rules related to reverse mortgages are just a part of those changes made in the wake of the financial crisis and resulting economic meltdown, and in fact, relative to changes made that affect other areas of mortgage finance,... (Continue reading)

Were Addicted to Denying our Addiction to FHAs Mortgage Crack

Were Addicted to Denying our Addiction to FHAs Mortgage Crack

According to Moody’s Analytics, FHA's actions prevented home prices from dropping an additional 25%, which in turn saved 3 million jobs and half a trillion dollars in economic output. But now FHA is broke. Now what?... (Continue reading)

If FHA’s losses are due to bad economy, why is Fannie blaming borrowers in lawsuit against Bank of America?

If FHA's losses are due to bad economy, why is Fannie blaming borrowers in lawsuit against Bank of America?

Of course, what Bachus fails to mention is that if our government had done ANYTHING RIGHT in terms of dealing with the economic crisis that started in 2007… if even ONE of the programs that have been implemented over the... (Continue reading)


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