Monday, February 14, 2011

FHA Announces Fee Hike. Targeted Relaxation of Regs Ahead?

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Feb 14, 2011 3:00PM

FHA Announces Fee Hike. Targeted Relaxation of Regs Ahead?

That was quick.... FHA TAKES STEPS TO BOLSTER CAPITAL RESERVES New premium structure for 30- and 15-year loans will help private capital return WASHINGTON – As part of ongoing efforts to strengthen the Federal Housing Administration's (FHA) capital reserves, FHA Commissioner David H. Stevens today announced a new premium structure for FHA-insured mortgage loans increasing its annual mortgage insurance premium (MIP) by a quarter of a percentage point (.25) on all 30- and 15-year loans...

Feb 14, 2011 11:37AM

Fed Governor Says Housing and Banking Industry Owes America

Federal Reserve Governor Sarah Bloom Raskin called out housing finance players in a speech on Friday , reminding them of the "low road" they traveled before the housing collapse and the debt they owe the American people for rescuing them from their excesses. She also told her audience that reforming the servicing industry is "the key to economic recovery." Speaking to the Midwinter Housing Finance Conference in Park City Utah, Raskin said that in an economic sense the recession is over, but "Americans...


Micro News

5:05 PM:

After A Quiet Monday, Tuesday Promises More Excitement

3:40 PM:

10yr Yields Fail To Break Resistance At The Close. MBS Falling Off A Bit

2:56 PM:

FHA Takes Steps to Bolster Capital Reserves

2:55 PM:

What Is the New Normal Unemployment Rate?

1:11 PM:

10yr Yields Trying To Break Lower. MBS Stay Stable At The Highs

11:51 AM:

Obama budget attacks deficit, sets up fight

11:11 AM:

Uptick in Auto Loans a Sign of Economic Strength?

9:40 AM:

HUD: Secretary Donovan on Supporting Affordability and Accessibility Through Housing Finance Reform

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Today's Comments

Adam Quinones

"or the funds are being stored to prepare for a series of targeted initiatives like the one I just laid out...."

Clem Borkowski

"If FHA has $3.6 billion now and this brings in another $3 billion where is the money being spent? It's my understanding 50% of all FHA loans now have..."

Ray J

""were indifferent to the consequences of their actions for homeowners and communities" ... I think this sums up their attitude. It's really..."

Today's Q&A

Anonymous

"How do i send extra payment to morgage towards principle only..."

Anonymous

"If my agent is selling my home and showing me my new home how..."

Anonymous

"What is the quickest and easiest way to transfer complete ownership..."

Today's Forum Discussions

jack ambush

"I am in the process of buildinga new home and wanted to get financing secured fora 15 yr fixed rate mtge. i recently spoke with a lender who was able to..."

Anonymous

"if i am unhappy with my servicer due to mismanagement what are my oppositions. and what happens to my home if my servicer goes bankrupt"

Anonymous

"My father would like me (his son) to take over the house he has but he still has about 10-15 years left to pay on it. what are the ways i can solely take..."