FHA news

  • Congress delays HUD program by MPA

    President Obama signed an act this week that included HUD’s new budget and delayed a program that would have saved borrowers hundreds a year.

  • Servicing costs hold back credit access by MPA

    As many experts have pointed out, mortgage credit is too tight and a new report suggests the uncertainty around servicing delinquent mortgages may be to blame.

  • Ocwen acquires delinquent Ginne Mae mortgages by MPA

    The company, which is currently dealing with a mountain of regulatory issues, said it has purchased almost 2,000 delinquent FHA-insured loans.

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