Searching
Government Archive
RISMEDIA, May 7, 2008-The National Association of Realtors®, in a letter to members of the U.S. House of Representatives, urged Congress to make the FHA and conforming loan limit increases permanent as part of the 2008 Housing Stimulus bill, which is expected to be marked up this week. ...
RISMEDIA, May 6, 2008-NeighborWorks(r) America, the nation's leading non-profit organization developing solutions, partnerships and trained counselors to combat the rising level of foreclosure, is hosting a national symposium on neighborhood stabilization at its NeighborWorks Training Institute this week. Speakers include Federal Reserve Board Governor Randall S. Kroszner and FDIC Director ...
RISMEDIA, May 1, 2008-The Bush Administration has put in place solutions to help American families stay in their homes and avoid foreclosure, U.S. Department of Housing and Urban Development Deputy Secretary Roy A. Bernardi said this week. Delivering the keynote address at the Federal Home Loan Banks Annual Directors Conference, ...
RISMEDIA, April 25, 2008-The CMPS Institute has just sent Congress a detailed proposal calling for government-backed loans to homeowners of up to 20% of the homeowner's current mortgage balance."Negative homeowner equity is the one root problem that Congress can help solve," said Gibran Nicholas, Chairman of the CMPS Institute, an ...
RISMEDIA, April 14, 2008-The Bush Administration announced additional mortgage assistance for subprime borrowers who are at risk of foreclosure. The plan, which is designed to help address the adverse economic conditions affecting many communities across America, will help break the cycle of house price depreciation that is being caused by ...
RISMEDIA, March 7, 2008-To help bolster a faltering housing market, the National Association of Home Builders (NAHB) called on Congress to move quickly to enact comprehensive regulatory reform for housing government sponsored enterprises (GSEs) Fannie Mae, Freddie Mac, and the Federal Home Loan Banks that will ensure their financial safety ...
RISMEDIA, March 3, 2008-In an ongoing effort to crack down on businesses that prey upon homeowners facing foreclosure, the Federal Trade Commission has charged six businesses and three individuals with violating the Home Ownership and Equity Protection Act (HOEPA), the FTC Act, and the Truth in Lending Act (TILA) by ...
RISMEDIA, Jan. 18, 2008-The National Association of Home Builders (NAHB) and Housing Policy Council (HPC) of The Financial Services Roundtable joined forces today in taking a leadership role to break the deadlock in Congress over regulatory oversight reform of the housing government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. ...
RISMEDIA, Dec. 21, 2007-The U.S. House of Representatives voted to help many troubled homeowners and potential home buyers looking for an affordable mortgage, making mortgage insurance premiums tax deductible for all mortgages originated for the next three years. The Senate passed this legislation last week by unanimous consent. Mortgage insurance ...
RISMEDIA, Dec. 14, 2007-Kieran P. Quinn, CMB, chairman of the Mortgage Bankers Association (MBA) expressed concerns about "The Homeownership Preservation and Protection Act of 2007," legislation introduced by U.S. Senator Christopher Dodd (D-CT), Chairman of the Senate Banking Committee.Quinn issued the following statement: ...
RISMEDIA, Dec. 7, 2007-This week, the Alliance to Save Energy urged members of the U.S. House of Representatives to adopt an energy package that will save American consumers money while also improving our environment and increasing our nation's energy security. ...
RISMEDIA, Dec. 4, 2007-In response to the Bush Administration's plan to help families avoid foreclosure, tens of thousands of homeowners are refinancing their exotic subprime loans with HUD's new government-backed mortgage product. HUD Secretary Alphonso Jackson announced that more than 33,000 borrowers have already refinanced their subprime home loans with ...
RISMEDIA, Nov. 21, 2007-Nearly 30,000 residents affected by the 2005 Gulf Coast hurricanes will continue to receive housing assistance when the U.S. Department of Housing and Urban Development (HUD) assumes control of the Federal Emergency Management Agency's (FEMA) rental program on December 1, 2007. HUD continues to work with its ...
RISMEDIA, Nov. 19, 2007-The Michigan State Housing Development Authority (MSHDA) and the Michigan Hispanic Caucus have announced the release of the latest in a series of tools aimed to make homeownership a reality for Michigan's Hispanic population. ...
