down payment assistance fha

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871 documents for down payment assistance fha

- The Economic Crunch - Real Estate - Clock Ticks for Homebuyers -- First-Time Owners' Assistance Program Deadline Looms
Martha Green is in a race against time. While Congress considers a so-called compromise bill that would continue to allow sellers to fund down-payment assistance with FHA- backed loans, Green has been shopping for her first home.
- The Commercial Appeal (2007-Current)
- September 16, 2008
- FHA-insured loans with down-payment assistance riskier.
United States. Federal Housing Administration
- Fha Warns It Can't Take Risky Loans ; Down Payment Woes Indicate Future Issues.
WASHINGTON - Losses from home loans that depend on seller-funded down payments are hurting the Federal Housing Administration, its chief said yesterday. He called on lawmakers to address these risks. Data clearly demonstrates that FHA loans made to borrowers relying on seller-funded down payment assistance go to foreclosure at three times the rate of loans made to borrowers who make their own down payments," said Brian Montgomery, FHA commissioner.
- Columbia Daily Tribune
- June 10, 2008

- Standards for Mortgagor's Investment in Mortgaged Property: Additional Public Comment Period
..., without revision, for inspection and downloading at http://www.regulations.gov. Comments are also a... HUD policy concerning downpayment assistance for Federal Housing Administration (FHA) borrowers...Such payments are considered self-interested inducements to purc...
- FR, June 16, 2008
- Proposed rules
- Housing and Urban Development Department
- Rep. Barney Frank Holds a Hearing On the Fiscal Year 2009 Fha Actuarial Report
..., as well, that banned seller-financed down payments. Some members thought it went too far, b...-called "Seller-Financed Down Payment Assistance" loans. This year, we've taken several additional ...
- Political Transcript Wire
- December 18, 2009
- Sen. Patty Murray Holds a Hearing On Solvency and Reform Proposals for the Federal Housing Administration
...'s role in his efforts has been turned upside down in just the last 10 years. A decade ago, FHA cover... share of subprime borrowers making late payments rose to more than 13.3 percent. That same day, the... ability to fund other needed housing-assistance programs. Regardless of the outcome, we have to fi...
- Political Transcript Wire
- August 18, 2009
- FHA report shows heavy fosses ongoing from pre-2009 loans.
... that, absent any "further significant downturn in home prices," the fund will return to the congr... finances, and expanded loss-mitigation assistance to avoid unnecessary claims--this past year's endo... FHA program in 2009, seller-funded down-payment-assistance loans are continuing to create heavy lo...
- Lobbyist Paid $15k to Waters' Husband ; Bill Would Have Benefited Client
A lobbyist known as one of California's most successful power brokers while serving as a legislative leader in that state paid Rep. Maxine Waters' husband $15,000 in consulting fees at a time she was co-sponsoring legislation that would help save the real-estate finance business of one of the lobbyist's best-paying clients, records show. Ms. Waters' husband, Sidney Williams, a former pro football player and ambassador to the Bahamas, was a paid consultant on a Los Angeles lobbying project for Mike Roos, who served with Ms. Waters in the California State Assembly. During Mr. Roos' 14-year tenure, he held the posts of majority floor leader and speaker pro tempore.

...Mr. Roos sought her assistance for a California client that specialized in homeow... acted as a middleman to help sellers finance down payments for homebuyers to qualify for mortgages i...
- The Washington Times
- November 08, 2010
- Create your own financial recovery: to restore your economic health, Black Enterprise offers the guidance you need--whether you're securing a home, finding a job, or increasing your wealth.
...Your monthly mortgage payment typically shouldn't exceed 30% of your monthly inc.... Seek out down payment assistance. With the passage of the Housin...
- Black Enterprise
- Vol. 42 Nbr. 6, January 2012
- New FHA actuarial study shows capital reserves held steady.
... volume is what is known as seller-funded down-payment-assistance loans, since banned by FHA. The...