Tag: fha
Obama’s Mortgage Reforms: Stronger Standards but Higher Costs
by Charles Wallace on Feb.13, 2011, under Towing
The administration’s proposed revamp of Fannie Mae and Freddie Mac is actually an offering of multiple policy options, essentially passing the political hot potato to the Republicans. Problem is, any fix is sure to make mortgages costlier, with potential harm to the housing market.
Continue reading Obama’s Mortgage Reforms: Stronger Standards but Higher Costs
Obama’s Mortgage Reforms: Stronger Standards but Higher Costs originally appeared on DailyFinance on Sun, 13 Feb 2011 10:00:00.
Filed Under: Economy, Real Estate, Credit
The 2011 Housing Market Outlook: Unsettled, Underwater and Unsold
by Charles Hugh Smith on Dec.06, 2010, under Towing
Sales agreements for previously occupied homes rose 10.4 % in October. But that one spark of hope comes against a backdrop of declining prices, bulging inventories and ongoing legal issues around foreclosures. Don’t count on a real estate recovery next year.
Continue reading The 2011 Housing Market Outlook: Unsettled, Underwater and Unsold
The 2011 Housing Market Outlook: Unsettled, Underwater and Unsold originally appeared on DailyFinance on Mon, 06 Dec 2010 11:30:00.
Filed Under: Columns, Economy, Real Estate
The 2011 Housing Market Outlook: Unsettled, Underwater and Unsold
by Charles Hugh Smith on Dec.06, 2010, under Towing
Sales agreements for previously occupied homes rose 10.4 % in October. But that one spark of hope comes against a backdrop of declining prices, bulging inventories and ongoing legal issues around foreclosures. Don’t count on a real estate recovery next year.
Continue reading The 2011 Housing Market Outlook: Unsettled, Underwater and Unsold
The 2011 Housing Market Outlook: Unsettled, Underwater and Unsold originally appeared on DailyFinance on Mon, 06 Dec 2010 11:30:00.
Filed Under: Columns, Economy, Real Estate
Banks Tighten Mortgage Standards for FHA-Insured Loans
by Danny King on Nov.17, 2010, under Towing
Bank of America and Wells Fargo were among banks that tightened credit standards for mortgages insured by the Federal Housing Administration in a move that may put a crimp in the U.S. housing recovery by effectively eliminating 6.3 million people from the potential home buying pool.
Continue reading Banks Tighten Mortgage Standards for FHA-Insured Loans
Banks Tighten Mortgage Standards for FHA-Insured Loans originally appeared on DailyFinance on Wed, 17 Nov 2010 16:24:00.
Filed Under: Economy, Bank of America, Wells Fargo & Co, Real Estate, Credit





