Government Archive


HUD Home Bus Tour to Show Buyers What a HUD Home ‘Really Is’ June 7

RISMEDIA, May 21, 2008-In promotion of homeownership and home education in Georgia, PEMCO, Ltd., will host a Metro Atlanta HUD Home Bus Tour and homebuyer education program Saturday, June 7. ...


C.A.R. Supports ”Yes” Vote to Protect Homeowners from Unjust Eminent Domain Takings

RISMEDIA, May 15, 2008-Imagine someone from your city or community knocking on the door of your home and telling you to move because they have found someone else who will contribute more in taxes than you do. Sound far-fetched? Not if you're one of the thousands of people throughout California ...


What President Bush Has in Store to Save Homeowners From Foreclosure

RISMEDIA, May 12, 2008-The Bush Administration has put in place responsible 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 today. Delivering the keynote address at the Federal Home Loan Banks Annual Directors Conference, ...


Mayors Put Urban Issues Front and Center In Presidential Campaign

RISMEDIA, May 8, 2008-The nation's mayors, led by Conference President and Trenton, NJ Mayor Douglas H. Palmer, will gather in Miami from June 20-24 for the 76th Annual Meeting of The United States Conference of Mayors (USCM), hosted by Miami (FL) Mayor Manny Diaz to debate national policy impacting America's ...


NAR Calls to Stabilize Mortgage Market by Increasing Conforming Loan Limits Permanently

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. ...


More than 600 Foreclosure Counselors to Be Trained in Foreclosure Intervention

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 ...


Buyers with Spotty Credit Could Benefit from FHA Loan

By Mathew Padilla ...


Bernardi Highlights Solutions to Save Homeowners from Foreclosure

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, ...


A Key to Help Congress Solve the Housing and Foreclosure Crisis

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 ...


Bush Administration to Expand Mortgage Help for Struggling Families

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 ...


Builders Tell Congress Housing Finance System Reform Vital For Housing and Economy

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 ...


FTC Charges Mortgage Foreclosure ‘Rescuers’ with Deceiving Homeowners

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 ...


Can They Break the Deadlock? NAHB and The Financial Services Roundtable Join Forces

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. ...


Votes to Extend Mortgage Insurance Tax Deductibility for New Home Loans Through 2010

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 ...


Anti-Predatory Lending Bill Jumpstarts Crystal Ball into Mortgage Mayhem

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: ...