If you look deep inside the 2013 federal budget released today, it looks as if the Federal Housing Administration (FHA) is asking for a cash bailout for the first time its 78-year history. . . . → Read More: Mortgage Settlement Saves FHA From Bailout
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2011 was the worst year on record for the nation’s builders, in sales and starts, but demand is slowly returning, and the concern is that when demand really surges in the coming years, there will be too little supply to meet it. . . . → Read More: Private Homebuilders: Dead Men Walking It took more than a year to strike a deal, but here it is, the biggest government-industry settlement in history, surpassing even big tobacco. . . . → Read More: Robo-Deal Is All About Lowering Mortgage Principal Barely two weeks into a new government program that allows severely underwater borrowers with loans backed by Fannie Mae and Freddie Mac to refinance their loans to lower rates, the numbers are surging. . . . → Read More: As Mortgage Refinancings Surge, Banks Struggle Attorneys general from more than 40 states have signed on to a proposed settlement agreement with five of the nation’s largest mortgage servicers over “robo-signing” foreclosure processing abuses, according to the lead negotiator, Iowa Attorney Gen… . . . → Read More: Forty States Sign On to Foreclosure ‘Robo’ Settlement A potential $25 billion settlement between the nation’s four largest banks and the 50 state attorneys general over faulty foreclosure processing is imminent. . . . → Read More: Running Robo-Settlement Numbers |
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