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Federal Housing Administration
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Provisions of housing-mortgage relief bill
The housing bill Congress plans to send President Bush would:
Senate close to passing housing aid
Homeowners struggling to make their house payments could get government mortgage relief under a rescue plan that seeks to revive the chaotic housing market and help reverse the economic downturn.
Analysis: GOP chose base, not Bush in housing vote
President Bush pulled the rug out from under Republicans this week when he abruptly dropped his opposition to a massive housing rescue.
Many likely to remain priced out of housing market
Doug Gylfe still can't afford to buy a home in Torrance, Calif., despite a 23 percent drop in prices. And Congress isn't helping.  Analysis: Leaders running out of economic optionsThe nation's leaders are running out of answers to America's economic crisis.
HUD secretary details new mortgage assistance
Housing Secretary Steve Preston said Monday that a newly expanded federal mortgage program would help thousands of struggling borrowers get safer, more affordable loans.
Benefits of foreclosure rescue
The foreclosure rescue moving through Congress would let financially strapped homeowners who would normally be considered too debt-ridden to qualify for safe, government-insured mortgages refinance their home loans through the Federal Housing Administration to get more affordable loans with lower monthly payments.
Federal housing rescue faces new delay in Congress
A federal mortgage rescue to help hundreds of thousands of homeowners avoid foreclosure is in limbo, with the Senate about to pass a bill that has no chance of winning House approval.
Paulson: Many foreclosures can't be prevented
Faced with record-high foreclosure rates, the Bush administration has been scrambling to keep people from losing their homes, but many are beyond help, Treasury Secretary Henry Paulson said Tuesday.  Congress ready to take up pared-down summer agendaDemocrats bent on showing they can govern and Republicans anxious about a sour re-election climate are pushing a pared-down summer agenda in Congress. Lawmakers want to try to save homeowners from foreclosure, avert Medicare cuts and give the government power to spy on suspected terrorists. |
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