Highlights
A collection of news and information related to Federal Housing Administration published by this site and its partners.
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Homebuyers race to line up mortgage financing
Leisurely looking for a mortgage is a luxury South Florida homebuyers can't afford anymore. Sellers have seized control of the rejuvenated market. Strong competition for a limited supply of homes is forcing buyers to quickly arrange financing or face the...Tags: Mortgages, Services and Shopping, Fort Lauderdale, Real Estate Agents, Coral Springs
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Larger homes are the next big thing, again
Homes are getting bigger again. About 483,000 single-family homes were built last year, and 41 percent of them had at least four bedrooms. Thirty percent of them had at least three bathrooms, and that's the highest percentage of homes with three or more...
Tags: Fannie Mae, Consumers
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Board should address water leak in crawl space
Q: We live in a garden unit of a four-unit condominium building, and when it rains, water infiltrates into our crawl space. We can smell a musty odor in our living area. We have been experiencing this issue for over two years now, and the association...Tags: Mortgages, Condos
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FHA could stop charging extra interest on mortgage payoffs
WASHINGTON — Pressured by consumer protection regulators, the Federal Housing Administration is expected to end one of its most controversial practices: charging borrowers interest on their home mortgages for weeks after they've paid off the...
Tags: Mortgages, Services and Shopping, The Washington Post, Fannie Mae, Finance
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Bouncing back after a credit hit in the housing downturn
The housing downturn touched all areas of the country, but came down particularly heavily in Miami. Now, the market there is healing, and many former distressed homeowners have healed their personal finances, too. "We have lots of borrowers here who have...Tags: Mortgages, Miami Lakes, U.S. Department of Housing and Urban Development, Financial and Business Services, Fannie Mae
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High cost of homeownership
As the five-year anniversary of the Lehman Bros. bankruptcy and the collapse of the mortgage market approaches, Americans are still struggling to cope with the consequences of the Great Recession. More than 4 million households have lost their homes to...
Tags: Mortgages, Services and Shopping, Housing Industry, Abraham Lincoln, National Government
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Low Appraisals on the Rise
A homebuyer may have to put several houses under contract before actually closing on one. Welcome to the new housing market, where contract price and appraised value do not always match. Low appraised values are causing many deals to falter, according...
Tags: Real Estate Sellers, Mortgages, Services and Shopping, Housing Industry, Clubs and Associations
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Insurance stalls revival
There were 11,256 bottles of wine in the cellar of Antoine's Restaurant on the morning of Aug. 29 when Hurricane Katrina struck, some of them rare, most of them expensive and all of them ruined when the power failed, the air conditioning died and the...Tags: Sales, Restaurant and Catering Industry, Mercedes-Benz Superdome, Insurance, Northbrook
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Deal bolsters prospects for stalled marina project
A stalled residential marina development in Blue Island has been purchased by a south suburban company that built its name rehabbing foreclosed homes. Tinley Park-based Mack Cos. acquired 27 acres at Fay's Point, on a peninsula between the Cal-Sag...
Tags: Condos and Houses, Services and Shopping, U.S. Department of Housing and Urban Development, Real Estate, Broadway Theater
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Short sales routinely show up in credit reports as foreclosures
WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather...
Tags: Mortgages, Services and Shopping, Housing Industry, The Washington Post, Fannie Mae
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Sellers: How to get the most for your house
Receiving five offers in 48 hours for my parents' former home bowled me over, especially considering the real estate market we all just barely lived through. And these weren't just offers; they were great offers for the four-bedroom ranch house I grew...
Tags: Real Estate Sellers, Homes
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FHA financing attracts larger pool of buyers
Q: I own a condominium in an eight-unit building. I am preparing my unit for sale and my Realtor says that our association should get the building FHA approved so that prospective buyers who plan to use FHA-backed mortgages can be viable prospects. Can...Tags: Real Estate Buyers, Mortgages, Services and Shopping, Condos, Real Estate
Jun 15, 2013
|Story| South Florida Sun-Sentinel
Jun 14, 2013
|Column| Chicago Tribune
Jun 14, 2013
|Column| Chicago Tribune
Jun 7, 2013
|Story| Los Angeles Times
Jun 7, 2013
|Story| Allentown Morning Call
May 28, 2013
|Story| Baltimore Sun
May 24, 2013
|Story| Allentown Morning Call
May 8, 2013
|Story| Chicago Tribune
May 17, 2013
|Column| Chicago Tribune
May 17, 2013
|Story| Los Angeles Times
May 17, 2013
|Column| Orlando Sentinel
May 10, 2013
|Column| Chicago Tribune
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