Tag Archives: Mortgage Bailout

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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Government Mortgage Bailout Numbers Still Weak

Page 1 of 3 | Next PageShow Entire Article The US Treasury just released its latest “scorecard” on the state of the government’s housing bailout. The numbers are still weak, compared to the overall picture. In May, 32,398 borrowers got … Continue reading

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Housing and Government: ‘Troubling Dip’ or Double Dip?

Page 1 of 2 | Next PageShow Entire Article Today the Obama administration released its monthly “scorecard” for the Making Home Affordable Program (MHA), a.k.a. the federal mortgage bailout. The Home Affordable Modification Program (HAMP), which is part of MHA, … Continue reading

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Government’s Mortgage Bailout Under Attack

Page 1 of 4 | Next PageShow Entire Article Today House Republicans will take up arms against a sea of government housing bailouts, voting to abolish the Federal Housing Authority’s (FHA) $14B Short Refi program and the $1B Emergency Mortgage … Continue reading

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Obama Administration Defends Housing Bailout

Page 1 of 2 | Next PageShow Entire Article The Obama Administration is vigorously defending its mortgage bailout programs, from the Home Affordable Modification Program (HAMP) to the Neighborhood Stabilization Program to the FHA Short Refi. They’ve taken to the … Continue reading

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