Mortgage Financing Archive

Why Flood Insurance Subsidies are Phasing Out

For years the availability of federally backed flood insurance was an on-off affair. The program was $18 billion in debt to the U.S. Treasury, largely because of Hurricanes Katrina and Rita in 2005, and Congress would only renew the...

They’re Back: Mortgage Schemes

If there was one major takeaway from the National Crime Prevention Council’s 2013 Mortgage Fraud Virtual Conference, it was this: The mortgage market, while no longer a wicked stepchild of the housing crisis, must still be carefully monitored. Though...

Too Soon to Say FHA Will Need a Bailout

Major news outlets have been talking about the Obama Administration possibly requesting $943 million from the U.S. Treasury this year to shore up the finances of the Federal Housing Administration. But whether the 80-year-old agency will actually need the...
April 11, 2013

Selling a Foreclosure? Don’t Ignore the Tenant

The foreclosure crisis is easing but chances remain good that you’ll continue to list and sell foreclosures for a while. If you’ve had tenants in some of the foreclosures you’ve already sold than you’re probably familiar with that 2009...
April 10, 2013

Lenders: What’s Holding Back Loans

Despite the improving economy, home loans even for well-qualified borrowers are still unnecessarily hard to get and take too long, real estate practitioners say. But lenders take a different view. In a roundtable with three of the country’s largest...
March 13, 2013

FHA: Unsung Hero of the Recovery

Congress is looking at what to do about FHA in light of the pressure on its reserves and it’s clear from a hearing that senators held yesterday the agency presents them with a conundrum. Lawmakers acknowledge the indispensable role...
March 1, 2013

Does NAHB Want to Ditch MLSs?

The National Association of Home Builders called for an overhaul of the residential appraisal system, making a number of recommendations with which members of the National Association of REALTORS® can agree. One suggested change, however, could alter the role...
February 22, 2013

Recession Over, How are Home Buyers Faring?

Habitat for Humanity released its 2013 Shelter Report earlier this week and as part of its release it joined NAR and the REALTOR® University Center for Real Estate Studies to host a discussion on how moderate-income households are faring...
February 8, 2013

Tax Reform: REALTOR® Engagement to be Key

Tax reform remains a possibility this year and should the conversation about it begin members of Congress will benefit hearing from REALTORS® to reduce the chance they make decisions that could hurt markets, a lawmaker, Hill staff, and analysts...
January 31, 2013

Pending Sales Up but Uncertainty Looms

If any more evidence is needed that home sales are recovering we have it in NAR’s latest pending home sales data, for November, which were released last week. The index is up for the third straight month and it’s...
December 31, 2012