Tag Archives: Washington

Speak up on mortgage points and fees – Washington Post

May 15, 2012 – 1:56 am

Speak up on mortgage points and feesWashington PostHere's some of what the bureau is considering: • A rule that makes sure consumers who pay upfront discount points at least get a certain minimum reduction of the interest rate in return. Often a borrower will pay a discount point, which is a fee …and more » Mortgage [...]

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Mortgage rates hold near record lows for second straight week – Washington Post (blog)

April 29, 2012 – 9:51 am

International Business Times Mortgage rates hold near record lows for second straight weekWashington Post (blog)By JD Harrison Mortgage rates held virtually steady for the second consecutive week, with fixed-rate averages hovering just above their respective record lows, according to data released Thursday by Freddie Mac. Fixed-rate mortgages nearly matched …Mortgage Rates for 30-Year Loans Fall [...]

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When Uncle Sam plays banker – Washington Post

April 16, 2012 – 5:21 pm

Live Insurance News When Uncle Sam plays bankerWashington PostUnder fair-value accounting, the student loan program's projected 9 percent profit for 2010 to 2020 would be a 12 percent loss, according to a 2010 CBO study. Last month, the CBO estimated that FHA single-family mortgage insurance will cost $ 3.5 …2012 FHA Mortgage Insurance Premium ChangesOurBroker.comFHA [...]

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Check the fine print on FHA refinancings – Washington Post

March 20, 2012 – 1:26 pm

Washington Times Check the fine print on FHA refinancingsWashington PostFirst, the baseline criteria: Your current home loan must be FHA-insured and must have been put on the agency's books no later than May 31, 2009. If you have a mortgage owned or backed by Fannie Mae, Freddie Mac, the Department of Veterans Affairs or …Mortgage [...]

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Mortgage Q&A: FHA finds way to help refinancers – Washington Times

March 17, 2012 – 1:26 am

Washington Times Mortgage Q&A: FHA finds way to help refinancersWashington TimesDespite the ultralow interest rates currently offered by the FHA, many borrowers cannot refinance, even if they fully qualify. The main reason is that the cost of mortgage-insurance premiums (MIP) has increased in recent years. An FHA borrower seeking …Mortgage Rates: Low Mortgage Rates At [...]

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Flagstar pays $133 million to settle claims it defrauded government of … – Washington Post

February 26, 2012 – 5:19 pm

Flagstar pays $ 133 million to settle claims it defrauded government of …Washington PostThe government says the bank improperly approved residential home mortgage loans for government insurance. “The lawsuit … is another stark example of how certain lenders put profit ahead of responsibility by recklessly churning out mortgage loans …and more » Mortgage Insurance – Google [...]

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White House 2013 Budget & AAPIs – Washington Bangla Radio

February 18, 2012 – 9:40 am

White House 2013 Budget & AAPIsWashington Bangla RadioThe Administration projects that the Federal Housing Administration (FHA) will insure $ 149 billion in mortgage borrowing in 2013, supporting new home purchases and re-financed mortgages that significantly reduce borrower payments.and more » Mortgage Insurance Premium Deduction Fha – Google News

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Builders group forecasts improved US home sales, construction this year … – Washington Post

February 11, 2012 – 1:34 pm

Builders group forecasts improved US home sales, construction this year …Washington PostThe outlook by National Association of Home Builders Chief Economist David Crowe calls for US sales of new homes and single-family home construction to improve this year compared to 2011, when they hit record lows. The forecast still leaves new home …and more » Mortgage [...]

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Obama’s new housing refinance plan – Washington Post

February 5, 2012 – 9:21 am

Housing Wire Obama's new housing refinance planWashington PostThe proposal would allow more borrowers to take advantage of record-low interest rates and lower their monthly mortgage payments, reports The Washington Post's David Nakamura and Brady Dennis. This time around, homeowners whose mortgages are not …Obama outlines homeowner relief plan, which faces uphill battleMiamiHerald.comObama Plans Assistance for [...]

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Obama urges public to press Congress on housing proposal – Washington Post

February 4, 2012 – 1:28 pm

Obama urges public to press Congress on housing proposalWashington PostThe fee on large banks would finance the FHA's insurance fund. The administration estimates that 3.5 million borrowers with privately held mortgages would have enough of an incentive to refinance their mortgages. In his address, Obama said he would be …and more » What Does Private Mortgage [...]

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