Tag Archives: secretary of housing and urban development

What’s The Tea Party Plan For The Housing Market?

The Republican-controlled House of Representatives has voted to end three current home ownership subsidy schemes. While controlling only one chamber of government, the Republicans are limited in how much change they can bring about but an analysis of the bills … Continue reading

Posted in Foreclosure, mortgage, Politics | Tagged , , , , , | Comments Off on What’s The Tea Party Plan For The Housing Market?

Foreclosure Procedures

This is the most written about and analyzed mortgage-related news story of the past month. Several big banks suspended their foreclosure operations to investigate how they were doing things. Federal bank regulators are taking a close look as well at … Continue reading

Posted in Foreclosure, mortgage | Tagged , , , , , | Comments Off on Foreclosure Procedures

Federal Housing Administration News

From the Washington Post: President-elect Barack Obama has picked New York City housing commissioner Shaun Donovan to be secretary of housing and urban development, a post that Obama said would play a lead role in his administration’s efforts to stem … Continue reading

Posted in fha | Tagged , , , , , | Comments Off on Federal Housing Administration News

New FHA Program To Reduce Foreclosure

From the Washington Post: The Bush administration rolled out a program yesterday that aims to help thousands of struggling borrowers refinance into more affordable, government-backed mortgages and thus provide some relief for the foreclosure crisis that’s contributed to crippling the … Continue reading

Posted in fha | Tagged , , , , , | Comments Off on New FHA Program To Reduce Foreclosure