FHA Archive

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

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

FHA Eases Some Key Condo Financing Limits

Some positive news from FHA today on its condo financing rules, with more changes expected to come in the near future. The changes should make it easier for borrowers—both investors who want to buy more than one unit and...
September 13, 2012

What to Make of Reverse Mortgages?

With baby boomers now well into their retirement years and many of them with elderly parents who are ready to move into a nursing home or assisted living facility, the likelihood of you listing or selling a home with...
June 7, 2012

Obama: FHA Premiums Lowered for Refis

FHA is lowering its mortgage insurance premiums to help borrowers refinance into lower interest rates, President Barack Obama announced yesterday in a national press conference at the White House. The initiative also includes help to members of the military...
March 7, 2012

What’s the State of FHA’s Reserves?

There’s been considerable interest in the media in FHA’s financial position. The agency recently announced several increases to the premiums it charges borrowers to have their mortgage guaranteed by the agency. Those increases, along with some reports that FHA...
March 2, 2012

Veissi: No Time to Risk Harm to FHA

NAR President Moe Veissi has made a forceful case before a key congressional committee to protect FHA from potentially destabilizing changes to the agency’s main insurance fund. Some lawmakers have been talking about curbing the agency as a step...
December 2, 2011

Budget: FHA MIP Hike, 28% Deduction Cap

By Robert Freedman, Senior Editor, REALTOR® Magazine The fiscal year 2012 budget that the Obama administration released yesterday would pare back most housing and community development programs, including jobs-rich community development block grants, implement a planned hike in the...
February 15, 2011

4 Predictions for the Mortgage Industry in 2011

By Brian Summerfield, Online Editor, REALTOR® Magazine One of the biggest obstacles for a recovery in housing has been — and will continue to be — mortgage lending. Although rates fell to historic levels in 2010 and will likely...