""
Tag Archives: single family
Homeowner Bailout? The HARP Program

Homeowner Bailout? The HARP Program

You hear people talking about all the different programs that can get you out of your current mortgage headache, but when you search for the solution…all you get are advertisements!  The government does have a solution, so let’s dig in.. What is the Home Affordable Refinance Program? The Home Affordable Finance Program or HARP is Read more
FHA TO REDUCE ANNUAL INSURANCE PREMIUMS

FHA TO REDUCE ANNUAL INSURANCE PREMIUMS

WASHINGTON – U.S. Housing and Urban Development Secretary Julián Castro today announced the Federal Housing Administration (FHA) will reduce the annual premiums new borrowers will pay by half of a percent.  This action is projected to save more than two million FHA homeowners an average of $900 annually and spur 250,000 new homebuyers to Read more
HUD AND TREASURY ANNOUNCE ENHANCEMENTS TO HOUSING PROGRAM

HUD AND TREASURY ANNOUNCE ENHANCEMENTS TO HOUSING PROGRAM

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today announced enhancements to programs under Making Home Affordable (MHA) to better assist struggling homeowners and communities still recovering from the effects of the financial crisis. The enhancements are designed to motivate Read more
Obama Administration Settlement With Bank of America To Build FHA Fund, Provide Billions In Consumer Relief

Obama Administration Settlement With Bank of America To Build FHA Fund, Provide Billions In Consumer Relief

Washington, DC – The Obama Administration announced an almost $17 billion global settlement with Bank of America. $1 billion of the total settlement amount resolves claims arising from allegations of fraud involving certain Federal Housing Administration (FHA)-insured single-family mortgage loans and a failure to perform under its servicing Read more
CalHFA Expands Programs to Help Low to Moderate Income Californians Purchase Homes

CalHFA Expands Programs to Help Low to Moderate Income Californians Purchase Homes

SACRAMENTO, CA – The California Housing Finance Agency announced a major program expansion to help more low to moderate income California families purchase homes. CalHFA will remove the first-time home buyer requirement on its first mortgage programs to allow more California home buyers to take advantage of the benefits of CalHFA’s affordable Read more