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Washington DC FHA

FHA bailout, E*Trade fallout: Nov 14-20

The upcoming week will have several news items to watch as potential high impact items to both the consumers and banking industry in the DC market...
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FHA approaches the point of no return

Here's a story that I've been following for some time now. It's interesting to me because I used to be in the mortgage business. That means I kind...
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Pinto: FHA bailout will cost $54 billion

If there is one thing I have learned in this mess it is this: Don't trust any CEO who swears that everything is just fine. That's because the...
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FHA: The next mortgage crisis

In case you ever wondered what happened those awful sub-prime mortgages, you will be happy to know that they are now being unwritten by the Federal...
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FHA tells Congress to expect house prices to decline further

  • FHA
  • November 16, 2010
The Federal Housing Administration (FHA) submitted their annual report to Congress today and they predict a continuing decline of home prices going...
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If Lenders want to do Business with the FHA- Provide Complete and Truthful Information

FHA TAKES ACTION AGAINST RSA FINANCIAL and 1st ALLIANCE MORTGAGE and also reaches settlement agreements with two other lenders WASHINGTON - The...
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Mortgage Fraud Summit-You Will be Found, You Will Be Prosecuted, and You Will Be Punished

Detecting mortgage fraud is a mind-set, like exercising or eating right. Habits are born of routine and the surest way to start spotting fraud is...
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Real Estate/Mortgage Fraud: Facts, Figures and 2010 Closed Cases

Every part of the mortgage lending process presents another window of opportunity for people in our industry who, by the very nature of their job...
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Major East Texas Mortgage Fraud Scheme- Out of Florida

U.S. Attorney John M. Bales announced that 40 individuals have been arrested and charged in connection with a major mortgage fraud scheme in the...
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The FBI New York Shines Light on Potential Rental and Real Estate Scams

The Federal Bureau of Investigation's New York Office is warning the public to remain on the lookout for scams involving real estate and rental...
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