Submit a Story!
Votes
topics:

posted by iehi vote down flag
hf-implode.com - 21 days ago
FHA delays the release of disputed audit of its finances
—
" The Federal Housing Administration abruptly delayed the release of a long-awaited independent audit of the financial soundness of the agency, citing potential problems with the accuracy of some of the study's economic models."
washingtonpost.com - 22 days ago
FHA delays the release of disputed audit of its finances
— washingtonpost.com — Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from... the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ... (more) FHA delays the release of disputed audit of its finances
Comments vote down Calculated Risk found this 22 days agofound this
nytimes.com - 21 days ago
Questions on Accuracy Delay Much-Awaited F.H.A. Audit
— nytimes.com — A much-anticipated audit of the Federal Housing Administration was abruptly postponed just before it was supposed to... be made public, after questions arose about its accuracy. The auditor, Integrated Financial Engineering, said it notified the F.H.A. ... (more) Questions on Accuracy Delay Much-Awaited F.H.A. Audit

Comments vote down SCSUScholars found this 21 days agofound this
calculatedriskblog.com - 21 days ago
FHA Delays Fiscal Report
— calculatedriskblog.com — From Diana Golobay at HousingWire: FHA Delays Yearly Fiscal Report over ‘Accuracy’ of Methodology A US Department... of Housing and Urban Development (HUD) spokeswoman indicated hours before the scheduled release that the report would not be completed ... (more) FHA Delays Fiscal Report
Comments vote down SCSUScholars found this 21 days agofound this
Comments
Related Content
The FHA failed a recent audit
bubblemeter.blogspot.com 10/22/2009 — Reckless lending practices are part of what got us into the current financial crisis, and the government's response has been... The Federal Housing Administration may be under-equipped to manage its exploding market share, according to an internal ...
FHA Bailout By Taxpayers On The Way
hf-implode.com 12 days ago — " Taxpayers may was well brace for an FHA bailout. It is all but guaranteed. With current FHA practices it is likely to be a big one. On November 5, the Richmond Register was asking What does the FHA think it is doing?"
FHA Flunks Audit on Quality Control
blogs.wsj.com 10/21/2009 — Bloomberg FHA Commissioner David Stevens testified before the House Financial Services Committee earlier this month.
FHA: The Next Bailout?
calculatedriskblog.com 9/4/2009 — John Burns Consulting sent out a note today titled: FHA Likely To Be The Next Shoe To Drop "The FHA's aggressive lending programs have continued throughout the housing downturn, causing its market share of the mortgage industry to grow from 2% in 2005 ...
FHA boss: FHA is not the new subprime (AP)
news.yahoo.com 11 days ago — AP - Federal Housing Administration Commissioner David Stevens says concerns that the agency is headed for the same financial trouble that snared Fannie Mae, Freddie Mac and the subprime sector are unwarranted.
The Next Big Bailout? Look No Further Than The New FHA
dailybail.com 10/23/2009 — CNBC Video: Larry Kudlow & John Carney on the FHA and Government's Housing Bias Send to a Friend *********************** One year after rescuing Fannie and Freddie (to the tune of $200 billion, and still growing), what has the government learned about ...
Video: Growing Concerns Over FHA Stability
marketnewslive.blogspot.com 10/12/2009 — The Federal Housing Administration may be in need of a bailout, according to a former Fannie Mae executive. The FHA Commissioner stated that the agency will not need a federal bailout.
FHA Loans May Revise Guidelines
hf-implode.com 12 days ago — "A looming problem is that FHA loans from 2006 and 2007, which were often backed by down payments made by sellers, rather than the buyers, are more than 2x as likely to default as those where the buyer is fully responsible."
FHA is Replacing Securitization in Mortgage Financing
hf-implode.com 10/5/2009 — " .. while the number of reported first-lien conventional loans fell sharply from 2007 to 2008, first-lien loans backed by FHA insurance increased dramatically, with the number of such loans in 2008 rose by 169% over the 2007 level."
Addressing Continued Concerns About the FHA
hf-implode.com 26 days ago — " FHA has saved close to one million sub-prime/Alt-A borrowers from possible financial ruin by allowing them to refinance into a safe and secure 30-year fixed rate mortgage. Another 2 million qualified borrowers (80% of them first-time homebuyers) have taken advantage of the declining house ...
Affordable-Housing Help — WSJ.com: What's News US 23 days ago
Reports that Goldman Sachs is negotiating to buy affordable-housing tax credits is the latest sign that the market for the credits could be on the road to recovery after more than two years of disarray.
Housing Inventory Fell in October — WSJ.com: What's News US 22 days ago
The supply of homes available for sale in 27 major metropolitan areas at the end of October was down 2.8% from a month earlier, according to figures compiled by ZipRealty.