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FHA, VA and HUD News
Last Updated Tuesday, September 11, 2001 09:11 PM CST
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More Apartment Funding Proposed On Capitol Hill
Bill also authorizes FHA to begin insuring so-called "hybrid" ARMs
MortgageDaily.com July 23
New FHA Loan In The Works
Approval of VA / HUD funding bill will enable 3/1, 5/1 and 7/1 ARM
MortgageDaily.com July 17
Cops, Teachers Programs to Restart
Final report issued last week found an "abuse rate" of 21% based on 108 randomly selected properties sold under the programs in four cities
MortgageDaily.com July 16
FHA aims to insure hybrid ARMs
HUD budget requests authority to insure mortgages with longer adjustable-rate period
Inman.com July 13
New Funds For Affordable Housing Proposed On Capitol Hill
Rep. Bernie Sanders' bill would create a National Affordable Housing Trust Fund that would be capitalized by profits generated FHA's mortgage insurance fund
RealtyTimes.com July 2
FHA loans don't have income caps
FHA program is available to everyone who can prove that he or she has the credit and the income to pay the money back
Freep.com July 1
FHA multifamily still without funds
Mortgage bankers' group lobbying Senate to release money for multifamily mortgage insurance
Inman.com June 29
Senate Moves To Eliminate Emergency Requirement
On Multifamily
Builders want more funding
MortgageDaily.com June 25
FHA Seeks Better Way To Refund Premiums
Many borrowers due refunds, but FHA cannot locate them
RealtyTimes.com June 25
VA Loans Trade Paperwork For Big Savings
A look at VA mortgage requirements, guidelines and fees
RealtyTimes.com June 22
Former HUD Boss Calls For Higher FHA Loan Limits
Cisneros -- now a homebuilder -- believes FHA limit should be raised to an amount higher than current conventional loan limit in the 19 areas currently deemed to be high-cost
RealtyTimes.com June 20
Federal funding exhausted
HUD's plan calls for America's building effort to continue on a year-round basis, includes higher fees for people who get loan guarantees and ensures that multifamily program pays for itself
ChicagoTribune.com June 17
HUD Boss Offers Olive Branch on Insurance
Martinez told NAHB the administration aims to erase the stop and start cycle of the program, but would be willing to sit down to talk about concerns
Yahoo.com June 9
Retiring on a Reverse Plan
Mortgage Option Gaining in Favor as Population Ages
WashingtonPost.com June 9
Housing Program Suffers Fund Woes
HUD spokeswoman: "The Bush administration inherited a multifamily insurance program that HUD has shut down three times in the last eight years because the funds were not properly managed to last the entire year."
Yahoo.com May 6
Democrats Slam Administration Over Housing Funds
House Financial Services Committee senior Democrat John LaFalce: "This is a glaring example of the antisocial priorities of this administration"
Yahoo.com May 6
New Leadership Confirmed For HUD
New Federal Housing Commissioner promised to continue the FHA multifamily mortgage insurance program, which helps stimulate construction and rehabilitation of affordable rental housing
RealtyTimes.com May 30
FHA Loss Mitigation
Clarification of Time Frames
HUD.gov May 23
Housing Policy Outlined
HUD Secretary Martinez keynotes closing session of NAR board of directors' meeting
Inman.com May 21
New FHA Rules Ease Refinancing
Some FHA borrowers may be able to finance closing costs
RealtyTimes.com May 16
FHA Borrowers Win Bid to End PMI Payments
Loans closed after Jan. 1, 2001, will carry the automatic premium termination feature, including the precise date at which lenders should stop collecting premiums based on the scheduled amortization of principal
WashingtonPost.com April 28
Fraud Hits Housing Program
Some police officers lying about owner occupancy
ChicagoTribune.com April 8
FHA Deal Is Too Good To Overlook
FHA refinancing double play is best kept secret in the national mortgage marketplace
WashingtonPost.com April 7
Former HUD Chief Becomes Home Builder
Henry Cisneros partners with KB Homes in San Antonio's low-income and neglected south side
ChicagoTribune.com April 7
Does HUD Owe You Money?
"premium" refunds and "distributive shares" of any excess earnings from the Mutual Mortgage Insurance fund available to some borrowers
RealtyTimes.com April 6
NAHB Opposes FHA Commissioner Nominee
Statements by John Weicher concern builders
MortgageDaily.com April 5
Housing Secretary Suspends Program
9 officers have been convicted & about 80 more being investigated for wrongdoing in Officer Next Door Program
Yahoo.com March 29
Ginnie Mae closes $291 mln multifamily securitization
First multifamily deal issued under Ginnie Mae's REMIC program
Yahoo.com March 29
HUD's Martinez aims to raise U.S. minority homeowners
Secretary spoke at investor symposium sponsored by GNMA
Individual.com March 28
Lagging indicator
Coalition for Affordable Rental Housing urging Congress to raise limit on FHA-insured multifamily loans by 25% and provide additional allowances for high-cost areas
Marketwatch.com March 24
Old Hands Get New Washington Jobs
Appointments at HUD, MBA
RealtyTimes.com March 21
HUD Will Raise Loan Limits for Apartment Projects
HUD estimates change will allow for an extra $300 million in construction of 3,000 more units in high-cost areas
CNNfn.com March 21
Homebuyers still waiting for HUD aid
Ten months ago, housing department had promised relief; Hundreds of cases rejected
SunSpot.net March 18
Boom in foreclosure sales hurts poor U.S. borrowers
Foreclosure scam linked to subprime lending; some say HUD being defrauded but not acting
Yahoo.com February 26
HUD Looks to Its Own Housekeeping
Secretary Martinez interview: 70% of HUD's annual $32.4 bil budget is devoted to rental housing assistance
WashingtonPost.com February 21
FHA Sells Multifamily & Healthcare Mortgages
Sale of loans nets HUD $94 million
HUD.gov February 15
HUD Secretary Talks To CNN
Mel Martinez to focus on higher level of home ownership
MortgageDaily.com February 1
Martinez Confirmed As HUD Secretary
Senate confirms Mel Martinez as secretary of Housing and Urban Development
MortgageDaily.com January 24
Bush Names Mel Martinez as Housing Secretary
Orange County Chairman takes credit for two years of property tax reductions in the Florida County
MortgageDaily.com December 20 |
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hosted by USANow.net
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08.01.01
HUD Resumes Sales of Discounted Homes to Officers and Teachers
07.25.01
Fleet Announces the Sale of GNMA Early Buyout Loans
06.01.01
MBA, Homebuilders Oppose FHA Multifamily Premium Hike
05.15.01
Builders Announce Support Of FHA Commissioner Nominee
05.15.01
PNC Bank Agrees to Acquire Certain Assets of TRI Capital Corporation
05.07.01
Tidalwave Holdings Shopping For Wholesale Government Origination Division
05.03.01
Federal Rental Housing Program Shuts Down For Lack Of Funds
04.27.01
First 100 Days: HUD Secretary Mel Martinez on Course For Management and Homeownership Improvements
04.24.01
HUD Corrects Flaw In Housing Assistance Formula
11.03.01
HUD Releases FHA Mortgagee Starter Kit Web Page
HUD.gov
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