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FHA Home Loan - News Articles
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Oct 17, 2008
Seattle Post Intelligencer -
By STEVE SANTIAGO For homeowners 62 years and older, a reverse mortgage may seem like an excellent way to tap into home equity, generating much-needed retirement income. After all, the loan typically doesn't have to be repaid as long as the last surviving borrower ... -
Wednesday, October 15, 2008
Reuters -
Republican presidential contender John McCain and rival Democratic hopeful Barack Obama appeared to show a little nervousness in the early minutes of their third and final debate, each committing minor gaffes. McCain referred to the mortgage financing ... -
Thursday, October 16, 2008
Wall Street Journal -
By JAMES R. HAGERTY Fannie Mae and Freddie Mac have become prime suspects in the political debate over who caused the mortgage meltdown. Last week, Sen. ... -
Thursday, October 16, 2008
New York Times, United States -
By VIKAS BAJAJ The American housing market, where the global economic crisis began, is far from hitting bottom. J. Emilio Flores for The New York Times A ... -
Thursday, October 16, 2008
Atlanta Journal Constitution, USA -
By Tim Lynch Americans need to stop thinking of themselves as victims of Wall Street greed and regulatory negligence, and start thinking of themselves as newly minted owners of one of the largest mortgage infrastructures in the world. Fannie Mae ... -
Thursday, October 16, 2008
Los Angeles Times, CA -
David M. Abromowitz says we shouldn't leave the mortgage market purely to the private sector. Daniel J. Mitchell says Fannie and Freddie played a major role in the housing bubble and should be shut do ... -
Thursday, October 16, 2008
Houston Chronicle, United States -
By Angie Drobnic Holan and Robert Farley Politifact But relying on them for an unvarnished view is like asking competing trial attorneys to provide the "facts" of a case. You'll get some facts, but in a light that's most friendly to their client.<p> ... -
Thursday, October 16, 2008
CNN -
Rates saw the biggest weekly jump since 1987 - analysts predict 30-year fixed mortgage rates will climb higher, and pin the hike on government rescue efforts. // Uses both the shortcut for $(document).ready() // and the argument to ... -
Thursday, October 16, 2008
MarketWatch -
The surge in US home sales in August coincided with a 208% increase in the number of homebuyers using AmeriDream's downpayment assistance (DPA) program to achieve homeownership. The dramatic increase in DPA use occurred as homebuyers sought to take advantage of the program ... -
Oct 15, 2008
Mortgageorb, CT -
By MortgageOrb.com on Wednesday 15 October 2008 Software provider Ellie Mae says that Federal Housing Administration (FHA) loans now account for 35% of all monthly applications going through its Encompass Mortgage Management System, up from 11% in July 2007. The spike in FHA ...
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Thursday, October 16, 2008
DSNews.com, TX -
The Federal Housing Administration (FHA) now only accepts new applications from state-certified appraisers. The new provision became effective on October 1, as a result of the Housing and Economic Recovery Act of 2008, signed into law this summer. ... -
Oct 13, 2008
PR Web (press release), WA -
Under the H4H program you can receive a new 30 year fixed mortgage for 6.5%, for 90% of $175000 or $157500 new FHA loan, with just $509 per month payments. That's a $22,500 reduction in your mortgage debt, and a $645 a month reduction ... -
Oct 14, 2008
Press of Atlantic City, NJ -
By KEVIN POST Business Editor, 609-272-7250 The US housing agency created in the depths of the Great Depression is once again doing a brisk business helping stabilize the mortgage finance market. Demand for loans insured by the Federal Housing Administration is soaring, after years of ... -
Thursday, October 16, 2008
WOWK, WV -
Never before have we had a confluence of events such as those that recently have created turmoil in all financial markets and instruments simultaneously. The rhetoric blames it all on the "greed and excess" on Wall Street. It labels the reactions to the ... -
Wednesday, October 15, 2008
USA Today -
• Look out below? More economic news to roil Wall Street: The Consumer Price Index for September; the weekly report on initial jobless claims; and the Federal Reserve Board's September report on industrial production. Also, several bellwether companies report their latest earnings. ... -
Thursday, October 16, 2008
Washington Post, United States -
By Peter Schiff Amid the chaos of recent days, as the federal government has taken gargantuan steps to stabilize the financial markets, realigning the US ... -
Thursday, October 16, 2008
Evanston Review, IL -
The homeowner who accepts help under the HOPE for Homeowners program must agree to share a portion of future home appreciation with the FHA as the equity created by the bank write-down of some of the mortgage principal. Some Evanston borrowers who obtained ... -
Oct 13, 2008
Pasadena Star-News, CA -
NOW that the federal government has begun cleaning up Wall Street's mortgage-backed-securities mess to the tune of $700 billion, it's about time the ... -
Oct 15, 2008
IndiaPost.com, CA -
The prospect of mortgage debt forgiveness will entice hundreds of thousands of homeowners into picking up the phone to play the home-preservation game of "Let's Make a Deal," beginning this fall.The federal government's Hope for Homeowners plan started Oct. 1, and a "proactive ... -
Thursday, October 16, 2008
North County Times, CA -
By ZACH FOX - Staff Writer | Wednesday, October 15, 2008 7:08 PM PDT 8 Ambitious efforts aimed at helping thousands of homeowners avoid foreclosure over the last year by the federal and state governments have resulted in little or no effect on local homeowners, ...
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