Tag Archives: Losses

Mortgage bailout not over, FHA to draw $1.7 billion

The negatives, however, are that the FHA is making far fewer loans today due to tighter underwriting and higher fees. That means it is making less money, even though its newer loans are performing extremely well. The estimates for the … Continue reading

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Investors Sue Government Over Fannie, Freddie Stock

The lawsuit, filed in U.S. Court of Federal Claims, comes just as a new bill is being drafted in Congress to reform housing finance and potentially liquidate Fannie and Freddie. Sens. Bob Corker (R-TN) and Mark Warner (D-VA) have been … Continue reading

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Bay Area median home price hits $510000

(05-15) 17:20 PDT San Francisco — Eager Bay Area buyers propelled the region’s median home price above a half-million dollars in April – its highest point in almost five years – reflecting a market continuing to rebound, according to a … Continue reading

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How Rising Home Prices May Actually Stall the Recovery

Home prices have been rising steadily for the past several months, but some fear the rapid increase could actually start hurting the housing recovery. The reason is that the rise in prices is mainly due to investors, mostly large hedge … Continue reading

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FHA Turns to Investors as Losses Continue to Rise

Article source: http://www.cnbc.com/id/47736043?__source=RSS*blog*&par=RSS

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