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Federal Housing Administration

A collection of news and information related to Federal Housing Administration published by this site and its partners.

Top Federal Housing Administration Articles

Displaying items 121-132
  • New bus tours allow prospective buyers to tour HUD homes

    New bus tours allow prospective buyers to tour HUD homes
    New bus tours where anyone can get on-board and go tour homes for sale are now available for prospective buyers to ride. The tours just got started by Atlantis Realty Group, and they've already sold a few homes in a few weeks. The reason why is because...
  • Board compensates itself outside of bylaws

    Q: Within the first year of our association, the board members decided not to pay their monthly assessments and listed those amounts as a board credit on the association financial statements. The board held a vote of the owners to allow director...
  • Ousted management company fails to cooperate with board

    Ousted management company fails to cooperate with board
    Q: Our condominium association has been managed by a management company. At the last board of directors meeting several weeks ago, a quorum of directors voted to terminate the management company. A certified letter was sent to the owner of the...
  • FHA rescinds tough new credit restrictions on loan applicants

    FHA rescinds tough new credit restrictions on loan applicants
    WASHINGTON — In a policy switch that could be important to thousands of applicants seeking low-down-payment home mortgages, the Federal Housing Administration has rescinded tough new credit restrictions that had been scheduled to take effect Sunday....
  • Two U.S. agencies try to get lenders to ease tough mortgage rules

    WASHINGTON — Two federal agencies with far-reaching influence over the mortgage market are working on a problem that could affect the ability of many consumers to obtain a home loan: How to encourage private lenders to ease up on their...
  • Florida tops the nation in force-placed insurance

    Florida tops the nation in force-placed insurance
    Florida led the country in its share of force-placed insurance premiums the past three years, including 35 percent, or $1.2 billion, in 2011 — more than three times the amount sold in the next-largest state, California. That's according to sworn...
  • Single dad coping with two mortgages and other consumer debt

    Q: I will try to make a long story short. I have credit card debt of about $12,000, a car loan of $20,000 and a ton of mortgage loans. I owe $156,000 on my primary residence, but thanks to the Great Recession, my house is only worth about $100,000,...
  • Condo policies can help or hurt property values

    Condo policies can help or hurt property values
    It takes more than a neat, attractive condominium or town house to make a sale at a fair price. Buyers have heard the horror stories of steep special assessments and deteriorating buildings. They expect the association to make a good impression as well as...
  • Is board close-minded about open meetings?

    Is board close-minded about open meetings?
    Q: I am a member of a large multi-unit condominium association. To what extent is our association governed by the open meetings act? Can resident owners be permitted to ask questions or make reasonable comments to board members or the property manager...
  • Lifting rental restriction could put association at risk

    Q: We are a small condominium complex with a rental limitation. In an effort to protect our investments, owners amended the declaration to allow no more than 30 percent of the units to be rented at any one time for two years. At the end of the two-year...
  • Condo owner wants to sell foreclosed unit

    Condo owner wants to sell foreclosed unit
    Q: How can I sell my condo unit that is under an order of possession by my association? The association is renting the unit to recoup what I owe them. The unit is also in foreclosure, although there is no foreclosure sale date set. Based upon sales...
  • New FHA rules loosen association requirements

    New FHA rules loosen association requirements
    Greater numbers of condominiums now qualify for mortgage financing insured by the Federal Housing Administration. That's because this month the U.S. Department of Housing and Urban Development, which oversees the FHA, loosened its requirements for...