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    May 2, 2013 |Story| KWCH
  1. Wichitans charged with mortgage fraud

    Seven people in Wichita have been charged in a federal mortgage fraud case.
    KWCH 12 Eyewitness News
    Seven people in Wichita have been charged in a federal mortgage fraud case.   An indictment alleged the scheme involved straw buyers and straw sellers, false loan applications and false supporting documentation submitted to lenders. Victims of the fraud...

    Tags: Federal National Mortgage Association, Freddie Mac, Prosecution, U.S. Department of Housing and Urban Development, Fannie Mae

  2. May 1, 2013 |Story| Allentown Morning Call
  3. Seven charged in Allentown mortgage fraud

    The managers of an Allentown mortgage company told employees to forge pay stubs, employment histories and other documents to secure loans for borrowers to buy real estate that in many cases they could not afford, federal authorities allege. As a result,...

    Tags: Allentown, Justice System, Whitehall, Mortgages, Lawyers

  4. Apr 26, 2013 |Column| Los Angeles Times
  5. Lifestyle is keeping budget goal out of reach

    Dear Liz: My husband and I are recovering from a job loss four years ago. We used up all our savings and home equity. My husband is now employed, but we are struggling to keep ahead even with a salary of about $100,000. I was a stay-at-home mom for the...

    Tags: Pension and Welfare, AAA, Mortgages, Economy, Business and Finance, Interior Policy

  6. Apr 25, 2013 |Story| Los Angeles Times
  7. Mortgage rates fall for 4th straight week; 15-year at record low

    U.S. mortgage rates fell for a fourth consecutive week and the average rate for a 15-year loan hit a new record low, the latest survey of lenders shows.
    U.S. mortgage rates fell for a fourth consecutive week and the average rate for a 15-year loan hit a new record low, the latest survey of lenders shows. The average rate on a 30-year fixed-rate mortgage was 3.40%, down from 3.41% last week, according to...

    Tags: Financial and Business Services, Homes, Freddie Mac, Real Estate, Mortgages

  8. Apr 19, 2013 |Story| Los Angeles Times
  9. Is tenant's guest entitled to keep service animal in unit?

    Question: I manage a 12-unit apartment complex with a strict no-pets policy. We understand that under federal and state fair housing law, we may need to make an exception to our no-pet policy for a disabled resident who requires a service animal as a...

    Tags: Rentals

  10. Apr 17, 2013 |Story| Hartford Courant
  11. Emergency Mortgage Assistance

    Connecticut’s Emergency Mortgage Assistance Program (EMAP) can help homeowners facing foreclosure. It offers loans to help homeowners who have fallen behind or anticipate falling behind on their mortgage payments due to temporary financial...

    Tags: Financial and Business Services, Foreclosures, Finance, Mortgage Assistance, Mortgages

  12. Apr 12, 2013 |Column| Chicago Tribune
  13. Hispanic homebuyers a driving force in housing

    First-time buyers make the housing wheel go 'round: As they segue from renting to owning, they set off the sequence of move-up purchases that, in theory, will help the overall market get well.
    First-time buyers make the housing wheel go 'round: As they segue from renting to owning, they set off the sequence of move-up purchases that, in theory, will help the overall market get well. These days, Hispanic consumers seem to be pushing that wheel...

    Tags: Foreclosures, Social Issues, Mortgages, Economy, Business and Finance, Inventories

  14. Apr 11, 2013 |Story| Los Angeles Times
  15. Freddie Mac: 30-year mortgage at 3.43%, lowest since January

    Mortgage rates are at their lowest level since January, the widely watched Freddie Mac survey shows, with the average for a 30-year fixed-rate loan dropping to 3.43% this week from 3.54% a week ago. The survey of rates lenders are offering to solid...

    Tags: Financial and Business Services, Finance, Freddie Mac, Mortgages, Federal Reserve

  16. Apr 10, 2013 |Story| Los Angeles Times
  17. FHA may need $943-million bailout

    WASHINGTON — The Federal Housing Administration helped stabilize the real estate market after the subprime bubble and lay the groundwork for the recovery — and now the bill for taxpayers might be coming due.
    WASHINGTON — The Federal Housing Administration helped stabilize the real estate market after the subprime bubble and lay the groundwork for the recovery — and now the bill for taxpayers might be coming due. The Obama administration's...

    Tags: Shaun Donovan, Washington, DC, Mortgages, Economy, Business and Finance, Federal Bailout Funds

  18. Apr 10, 2013 |Story| Los Angeles Times
  19. Obama budget projects $943-million bailout for key housing agency

    WASHINGTON -- The Obama administration's proposed budget projects the  Federal Housing Administration will need a $943-million bailout this year to stabilize its shaky long-term finances.
    WASHINGTON -- The Obama administration's proposed budget projects the  Federal Housing Administration will need a $943-million bailout this year to stabilize its shaky long-term finances. The agency, whose mortgage insurance business increased...

    Tags: Financial and Business Services, Finance, Washington, DC, Fannie Mae, Mortgages

  20. Apr 5, 2013 |Column| Chicago Tribune
  21. Buying foreclosures requires patience, and a little more money

    It's still possible to buy a foreclosure and make it the home of your dreams. It's just harder these days.
    It's still possible to buy a foreclosure and make it the home of your dreams. It's just harder these days. Investors, both individuals and national corporations, are rushing into the market with the intent of turning foreclosed properties into cash-...

    Tags: Foreclosures, Finance, Real Estate Sellers, Freddie Mac, Real Estate Buyers

  22. Apr 4, 2013 |Story| Baltimore Sun
  23. MECU to acquire Advance Bank in Baltimore

    Municipal Employees Credit Union of Baltimore Inc. announced Thursday that it had agreed to acquire Advance Bank, another Baltimore-based institution.
    Municipal Employees Credit Union of Baltimore Inc. announced Thursday that it had agreed to acquire Advance Bank, another Baltimore-based institution. A sale price hasn't been determined and will be based on which Advance assets regulators say MECU can...

    Tags: Hamilton, Banking

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Federal Housing Administration Photos
The Federal Housing Authority guarantees mortgages, esp...
(February 15, 2012)
Review Government & Special Loan Programs
You will be writing lots of checks. Expenses typically...
(February 13, 2012)
Costs of Purchasing
and in advising prospective home buyers on how to repai...
(April 14, 2011)
Tim Miller, mortgage loan officer, Charter One