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March home contracts soar 49%

“In fact, the market is gathering strength faster than I would have predicted as seen by the forward- looking under contract numbers which are up significantly,” Lane [...]

Former FHA chief to face off with Suze Orman

“This is the greatest opportunity in U.S. history to buy a home,” David [...]

Starting today, $100 down payments for HUD homes

“Who can’t come up with $100, right?” Jocelyn [...]

Lenders face regulatory speed traps

“The best analogy is if we are driving a car on a highway, and we know there are policemen waiting to give us a ticket, but no one knows what the speed limit is,” Peter [...]

FHA's Stevens joining MBA

At the MBA, Stevens should not only be an advocate for big banks, but small and mid-sized mortgage banking firms as well, says Pete [...]

FHA loans more expensive

“This quarter point increase in the annual MIP is a responsible step towards meeting the Congressionally mandated 2 percent reserve threshold, while allowing FHA to remain the most cost effective mortgage insurance option for borrowers with lower incomes and lower down payments,” David H. Stevens. [...]

Refinancing could save Denver-area homeowners $600 mililon annually

“It really is giving yourself a pay raise without having to argue with your boss,” Tom Clark on the benefits of refinancing into record low [...]

Mortgage Banking Industry Threatened

“This is an ironic result in a bill that is trying to mitigate systemic risk and too-big-to-fail [...]

FHA Chief Addresses Housing In Denver

There is plenty of blame to go around for the U.S. housing crisis, but there are signs the Obama Administration efforts are working, says FHA Commissioner David [...]

Where, oh where, are all the HUD foreclosures?

“I don’t think they want to put all of this stuff on the market at once and just saturate it. I think they are just sitting on it.” Bobby [...]