Daily Real Estate News | December 3, 2009 | HUD Considers Tightening FHA Requirements U.S. Housing and Urban Development Secretary Shaun Donovan on Wednesday questioned Congress for authority to raise borrower premiums and down payments in …
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REALTOR® Magazine-Daily News-HUD Considers Tightening FHA Requirements
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Tags: congress, considers, donovan-on-wednesday, down payments, FHA, FHA Requirements, HUD, secretary-shaun, urban, wednesday
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Given that Fannie, Freddie and the FHA have now taken up the mandate of supporting housing prices at any cost (to the taxpayer via endless bailouts and unlimited credit) is it possible in any way to credit the current "upturn" to fundamentals? When we factor in similar capture of ... The GSEs had begun buying risky loans in 1993 to meet the "affordable housing" requirements established under congressional direction by the Department of Housing and Urban Development (HUD). ...