December 16, 2011

Worse off without the Federal Housing Administration

Today in the Washington Post, Moody’s Chief Economist Mark Zandi tells us why he thinks we would be worse off without the FHA. The Federal Housing Administration is getting a bum rap. The agency, which currently accounts for almost a third of all mortgages received by U.S. home buyers, has done an admirable job during […]

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December 5, 2011

Daily Housing News Round-Up

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                              Secretary Donovan discusses FHA finances. Miami launches program to promote job opportunities. HUD loan helps renovate hospital, create jobs in Ohio. Chicago Mayor Rahm Emanuel tackles homelessness in his city. And Charleston County, SC expands energy efficiency efforts.    

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November 28, 2011

Daily Housing Round-up

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Happy Monday HUD Followers! As you readjust from last week’s holiday, here are some housing highlights to get your day going… Secretary Donovan travels to Rhode Island. Ken Harney looks at the possible impacts of the new FHA loan limits Two housing projects to help people with disabilities in Milledgeville and Augusta, Georgia get grants. […]

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November 18, 2011

The Continued Strength of the FHA

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This week, HUD released its annual report to Congress on the financial status of the Federal Housing Administration (FHA) Mutual Mortgage Insurance (MMI) Fund.  The report demonstrates the long-term strength of the Fund while not shying away from the challenges it faces in the near-term due to ongoing stresses in the housing market.  While the […]

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November 15, 2011

Weathering the Storm

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Earlier today, we released the Federal Housing Administration’s (FHA) Fiscal Year 2011 Report to Congress.  This report gives the financial condition and fiscal outlook of FHA’s Mutual Mortgage Insurance (MMI) Fund.  I am happy to say that even though FHA has come through the most severe economic crisis since it was created in 1934, the […]

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