FHA

Wells Fargo’s penance: What’s been done, what’s to come

04/19/18

The latest fine from regulators is expected to be leveled against the bank as early as Friday. But it's far from the only penalty it has paid in recent years, and more may be on the way.

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Manufactured housing giant endorses HUD's call for regulatory relief

04/03/18

The dominant player in manufactured housing lauded the Trump administration's review of construction standards, but other commenters worry the plan will undermine housing quality.

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FHA is making progress on False Claims Act concerns: Carson

03/20/18

HUD Secretary Ben Carson told lawmakers that overly rigid False Claims Act enforcement had forced lenders to suffer financially for what were just minor errors, but that lenders' fears of being sued were dissipating.

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Don’t let the 30-year mortgage sway housing policy

03/20/18

As policymakers take another crack at housing finance reform, federal leaders and the housing lobby are once again perpetuating the false notion that ending government guarantees would cause the 30-year, fixed-rate mortgage to vanish.

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FHA lenders warming up to reverse mortgages for new home purchases

03/06/18

Recent developments in the Federal Housing Administration's Home Equity Conversion Mortgage program are making it easier for lenders to originate reverse mortgages to borrowers who want to buy a new-construction home.

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FHA premium cut would make homes less affordable, not more

02/26/18

The agency should resist renewed calls to lower insurance premiums. Doing so would increase demand and raise home prices, negating any proposed benefits.

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Upbeat FHA outlook in Trump budget renews calls for premium reduction

02/13/18

The new budget proposal projects a very profitable Federal Housing Administration in fiscal year 2019, but there are no indications the FHA will reduce its mortgage insurance premiums anytime soon.

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FHA moves closer to allaying lenders' False Claims Act fears

01/22/18

The agency is winning praise for changes in how loans are evaluated for defects, which could cut down on the risk of enforcement actions.

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No good reason for banks to offer more government-backed mortgages

01/22/18

Weak profits and the threat of false claims charges are keeping banks out of the market for loans guaranteed by the Federal Housing Administration and the Department of Veterans Affairs.

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Senate panel approves Powell as Fed chair for second time

01/17/18

The Senate Banking Committee had approved Powell already in December, but a revote was necessary after the Senate adjourned for the year without finalizing his confirmation.

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