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29 February 2012 - 14:46, by , in news, No comments
Home buyers with mortgages backed by the Federal Housing Administration will soon see a rise in fees, the agency announced Monday. The agency is raising its fees in an effort to try to recoup some of its depleted reserves*, which suffered from the rising number of home owners who defaulted on their mortgages. The agency...
28 December 2011 - 17:27, by , in news, No comments
        WASHINGTON – In an effort to continue stabilizing home values and improve conditions in communities experiencing high foreclosure activity, Acting Federal Housing Administration Commissioner Carol J. Galante today extended a temporary waiver of FHA’s anti-flipping regulations through 2012.  Read FHA’s anti-flipping waiver.              “This extension is intended to accelerate the resale of foreclosed properties...
12 June 2011 - 19:39, by , in House To House, No comments
Congress is discussing changes to the Federal Housing Administration that could have a significant impact on home buyers, sellers, and the future of the real estate market here in Arkansas.  Some of these proposed changes would raise the minimum down payment for FHA-insured mortgages to 5 percent, as well as allow FHA loan limits to...