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FHA (RSS)
It's not easy turning a potential foreclosure into a successful affordable mortgage modification -- from either side of the table. Homeowners, facing confusing documentation requirements and conflicting advice from both honest and dishonest corners,
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Agency trying to shore up finances, prevent possible need for bailout WASHINGTON - The Federal Housing Administration is raising fees and tightening lending standards to shore up its strapped finances and avoid a taxpayer bailout. The government agency
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FHA is tightening up its standards for home buyers - but the changes are not as tough as some analysts had feared - especially on downpayments. FHA commissioner David Stevens outlined the agency's new underwriting policies last week, including an
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There are many programs and home loan products that allow homeowners to take advantage of the equity they've built up in their homes. One resource qualified FHA mortgage holders have at their disposal is the Home Equity Conversion Mortgage (HECM)
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