All posts tagged federal agency

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U.S. Senate Bill 3085 is the rumored HARP 3.0

Rumors of a HARP 3.0 were not greatly exaggerated. The “Responsible Homeowner Refinancing Act of 2012″ would make it easier and less expensive to refinance under the Making Home Affordable initiative known as the Home Affordable Refinancing Program (HARP).

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FHFA: First 12-month home price increase since July 2006

FEDERAL HOUSING FINANCE AGENCY – U.S. house prices rose 0.3 percent on a seasonally adjusted basis from January to February, according to the Federal Housing Finance Agency’s monthly

fraud

Con artists leeching off new, improved federal mortgage and foreclosure relief programs

It's not just the National Mortgage Settlement's promise of restitution for those abused by foreclosure tactics that's drawing swindlers out of the woodwork. Double-dealers trying to hustle already victimized

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FHFA rule restricts mortgages for properties with private transfer fees

FEDERAL HOUSING FINANCE AGENCY – The Federal Housing Finance Agency (FHFA) has sent a final rule to the Federal Register on private transfer fees. The final rule limits Fannie

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California vies for ‘Homeowner Bill of Rights’

California's attorney general and a host of Golden State legislators are pushing to secure a Homeowner Bill of Rights designed to protect homeowners from abusive mortgage practices and

robosigning

National Mortgage Settlement spawns fraud moving faster than official settlement relief

• On. Feb. 9, the day federal and state officials and banks signed off on the National Mortgage Settlement, Alabama Attorney General Luther Strange and the state's Banking

robosigning

Foreclosure reviews for 4.5 million consumers extended three months

Eligible consumers have an extra 90 days to seek a review of their foreclosure under a federal settlement that forces mortgage servicers to address institutionalized foreclosure abuses. The Office

robosigning

California nets $18 billion of landmark $25-billion national mortgage settlement

California's $18 billion cut of the $25 billion national mortgage settlement beats a zero, but it's too small to change the landscape of the Golden State's housing crisis. The

robosigning

Mortgage servicers in $25 billion settlement fined $766.5 million

That landmark $25 billion civil settlement against five mortgage servicers charged with institutionalized foreclosure abuse? It also comes with a hefty $766.5 million fine. What's more, the fines won't

robosigning

Feds, states reach $25 billion agreement with five mortgage servicers

Federal and state agencies today announced a landmark $25 billion civil settlement against mortgage lenders after a year-long investigation into an institutionalized culture of foreclosure abuse. The settlement, over

housemusic

Improved HARP music to ears of more homeowners

The new and improved Home Affordable Refinance Program (HARP) is spreading a wider net for struggling homeowners previously unable to take advantage of the federal program. With refinancing rates

aldanaltre

Video: Mortgage modifications by the numbers

This four-part video series offers a step-by-step approach to a mortgage modification. The series offers a look at the host of documents you'll have to complete, need-to-know background

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HAMP program enhancements offer modifications to more underwater homeowners

It may be impossible to reach every struggling homeowner, but the Obama Administration's upgrades to Making Home Affordable programs should increase the number of homeowners who need help. For

obamasotu2012

Housing takes back seat to economy in State of the Union Address

President Barack Obama heavily laced his 2012 State of the Union Address with comments about solutions for the nation's economic malaise, but he gave housing the short shrift. Housing

mortgagecloud

Government-mandated down payments would block creditworthy home buyers

CENTER FOR RESPONSIBLE LENDING - As federal regulators consider setting down-payment standards on new mortgages, a new study shows such rules could push 60 percent of creditworthy borrowers

obamahousing

California Democrats urge Obama to use special powers to appoint permanent FHFA director

More than two dozen U.S. House of Representatives Democrats from California are asking President Barack Obama to make another end run around stonewalling Republicans, this time for the

martinlutherking82863

Fair Housing Act a memorial to Rev. Dr. Martin Luther King

U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT - On April 11, 1968, President Lyndon Johnson signed the Civil Rights Act of 1968, which was meant as a follow-up

wsreform

Obama frees consumer watchdog from Republican doghouse

Wary of Republicans' fiddling while America's economy burns, President Barack Obama lived up to a promise and used special presidential powers to put Richard Cordray in place to

lifesaver

FHA acknowledges investors’ housing recovery role, extends anti-flipping waiver thrice

To help keep foreclosures moving through the distressed property pipeline, the Federal Housing Administration (FHA) has again made it easier for investors or others to "flip" properties. With certain

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Facebook red-faced, settles FTC consumer deception charges

FEDERAL TRADE COMMISSION - The social networking service Facebook has agreed to settle Federal Trade Commission charges that it deceived consumers by telling them they could keep their

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