Mortgages
« Previous EntriesAP: Fed to Unveil Home Mortgage Plan
Tuesday, December 18th, 2007 Fed to unveil home mortgage plan
By JEANNINE AVERSA, AP Economics Writer
A Federal Reserve plan being unveiled Tuesday would give people taking out home mortgages new protections against shady lending practices.
The rules to be proposed are especially geared to providing some future safeguards to the riskiest “subprime” borrowers, already painfully stung by the housing and [...]
CNNMoney.com: Next Steps for FHA Bills
Tuesday, December 18th, 2007Next steps for FHA bills
Provisions of the Senate bill are less aggressive than the House version. Differences will be reconciled in conference.
By Les Christie, CNNMoney.com staff writer, December 17 2007
A Senate bill that would expand the functions of the Federal Housing Administration (FHA) could help upwards of 200,000 homeowners - though a similar House bill [...]
MortgageNewsDaily: FHA Loan Limits Raised By Senate
Tuesday, December 18th, 2007FHA Loan Limits Raised By Senate
So-called FHA reform reached an important milestone on Friday when the U.S. Senate overwhelmingly approved its version of the legislation.
The bill, which passed by a vote of 93-1, seeks to make the Federal Housing Administration more relevant in the current housing and mortgage lending environment by expanding the agency, loosening [...]