...Administration (FHA) Short Refi Program, and the Emergency Homeowner Relief Fund passed under the Dodd-Frank Act. A hearing will be held on March 2 by the Insurance, Housing and Community...
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Top Lenders Select the Work Number’s Point In Time
...and mortgage insurance rescissions, Point In Time is the preferred service to help lenders investigate requests-proven by its high adoption rate among the leading [COLUMN_BREAK] financial institutions,"" said Janet Ford,...
Read More »FDIC’s List of “”Problem”” Banks Grows to 884
...$403 billion reported at year-end 2009. The FDIC's deposit insurance fund balance increased for the fourth consecutive quarter, rising from negative $8.0 billion to negative $7.4 billion. The increase in...
Read More »FDIC Said to be Considering $1B Lawsuit Against Former WaMu Execs
...of charges it brought against him in a lawsuit that lasted more than two years. [COLUMN_BREAK] Now there are reports that the ""Federal Deposit Insurance Corporation"":http://www.fdic.gov/ (FDIC) is said to...
Read More »Mortgage Delinquencies Fall to Lowest Level in Two Years
...first-time claims for unemployment insurance fell during the second half of the year â€" all factors that bode well for the nation's mortgage delinquency picture. ""Absent a significant economic reversal,...
Read More »Assurant Expands Support for Nationwide Property Preservation Services
...fueled by abandoned properties."" The company offers customized solutions for clients' specific needs. Services available include property preservation, insurance loss draft inspection, restoration and repair, inspection services, and REO services....
Read More »FHA Raises Annual Mortgage Insurance Premiums
...implementing a new premium structure for FHA-insured mortgage loans. [IMAGE] FHA is increasing its annual mortgage insurance premium (MIP) by a quarter of a percentage point on all 30- and...
Read More »Obama’s 2012 Budget Aims to Reduce Deficit by More Than $1 Trillion
...costs of the Troubled Asset Relief Program. Another element of the proposal is a new premium structure for FHA-insured mortgage loans. The new structure would increase the annual mortgage insurance...
Read More »Industry Weighs in on Administration’s Housing Finance Proposal
...out the details of how to proceed. A large number of industry groups are throwing their support behind option No. 3 in the administration's report, which provides an FDIC-type insurance...
Read More »Housing Finance … Seven Years Down the Road
...insurance sold to the private market in normal times, but allow the amount of insurance offered to ramp up to stabilize the market in times of stress. Option two would...
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