Friday, February 18, 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 15, 2011 10:14AM

HUD 2012 Budget: Increased Outlays Offset by Incoming FHA Receipts

U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan has released HUD's 2012 Fiscal Year budget request. The latest HUD budget proposal outlines a $48 billion spending program for fiscal year 2012, an increase of more than $900 million from 2010. The $48 billion gross budget appropriation proposal is expected to be offset by a projected $5 billion in receipts from FHA and Ginnie Mae. When including receipts, HUD's net budget authority will total $43 billion, this is a 1...


Micro News

4:59 PM:

Markets Closed Monday. Auctions Next Week.

3:35 PM:

MBS Hit Best Levels Of The Day

1:44 PM:

Bonds At Highs Of The Day, More Reprices For The Better

12:46 PM:

Mini-Rally Hits Resistance For Treasuries, MBS Less Affected

12:29 PM:

Bonds Move Into Rally Mode Suddenly. Reprices For The Better!

11:24 AM:

DATA: University Of Michigan Inflation Report

8:57 AM:

LPS 'First Look' Mortgage Report: January Month-End Data Shows a Rise in Foreclosure Inventories

8:16 AM:

Bernanke-Don't blame easy money for capital swings - RTRS

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Today's Comments

Larry Gray

"I have already locked what loans I could. I listened to the decIaration that everything is to be gradual though the 10% down in deposit as the minimum..."

Edgar

"Okay who is locking in the gains before tomorrow? Anyone catch that little item in the Fannie/Freddie debacle document about higher down payments? That..."

Paul Welden

"FHA loans are still very affordable, especially with the low down payment requirements, low interest rates today and automatic mortgage insurance (compared..."

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

Jeff R

"I'm having a panic moment regarding the FHA requirements for documenting funds transfer, etc. I hope someone with experience here can advise me: I..."

Chris Hunlow

"Loan Scenario View All Post A Scenario Loan State: Utah Loan County: --- Loan Type: Refinance (Rate and Term) Loan Amount: $225,000 Property Value: $450..."

roland.wilcox

"Need LO in NM to assist my client with cash-out refinance. Looking for honest, ethical, fair, seasoned, ... etc LO. Please email me if interested. Thanks..."