May 10, 2012

Daily Housing News Round-Up

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President Obama heads to Reno on Friday to tout his housing refinance plan and congressional “to-do list,” The Hill.

The New York Times reports, “Fannie Mae Posts Profit; Seeks No Aid.”

The Financial Times details, Deutsche Bank has agreed to pay the US $202 million to settle allegations that it knowingly misled a government housing agency over mortgages that qualified for federal insurance.

Houston Mayor Annise Parker will route $151 million in federal disaster relief money to homes and apartments impacted by Hurricane Ike.

Underwater California homeowners to get more help, The San Francisco Chronicle.

And The New York Times runs, “new rules may curtail some fees in mortgage.”

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