All posts tagged federal agency
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).
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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























