Mortgage insurance from the Federal Housing Administration would make that kind of refinancing easier.
They then would be converted into low-interest loans insured by the Federal Housing Administration.
President GEORGE W. BUSH: We're going to work to modernize and improve the Federal Housing Administration.
The Federal Housing Administration (FHA) created national standards for home construction that continue to be used today.
She said that the Federal Housing Administration should stand ready to buy, restructure and resell troubled loans.
Nearly all RMs are insured by the Federal Housing Administration through its Home Equity Conversion Mortgage (HECM) program.
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Through Fannie, Freddie and the Federal Housing Administration (FHA), the feds now underwrite some 90% of all mortgages.
The Federal Housing Administration, which required only 3.5% up front, accounted for 23.4% of residential mortgages last year.
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Fannie, Freddie and the Federal Housing Administration, another government agency, currently back some 90% of newly originated mortgages.
It makes loans backed by the Federal Housing Administration more widely available, an issue Congress has been deadlocked over.
Frank's plan would allow the Federal Housing Administration to refinance some mortgages after the lender has voluntarily written down the principal amount.
The Federal Housing Administration is the largest mortgage insurer in the world.
Rather, under discussion are changes to the bankruptcy laws, the rules that govern the Federal Housing Administration or action by the Federal Reserve.
It would also impede the Federal Housing Administration from originating guaranteed mortgage loans, making it very hard for lower-income citizens to buy homes.
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I've also asked Congress to pass legislation to modernize the Federal Housing Administration and enable it to provide additional assistance to struggling homeowners.
For example, the Federal Housing Administration has the federal Treasury behind it, giving it an enormous advantage over private guarantors in insuring mortgages.
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Last week he urged Frank to introduce a bill immediately that would give the Federal Housing Administration the authority to refinance loans in default.
It is seeking damages for hundreds of millions of dollars in insurance claims already paid to Wells Fargo by the Federal Housing Administration (FHA).
The US government alleges that Wells Fargo lied about the quality of mortgages it handled, leading to huge losses for the Federal Housing Administration.
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Other major Federal institutions to be severely affected by a government shutdown include the Bureau of Labor Statistics (BLS) and the Federal Housing Administration (FHA).
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Unidentified Man: This program is presented by the Federal Housing Administration to tell you how you may obtain the benefits of the National Housing Act.
Over t wo months ago on these very pages I predicted the Federal Housing Administration or the FHA would end up being bailed out by taxpayers.
Fannie Mae and Freddie Mac (formerly privately owned, but now controlled by their regulator) and the Federal Housing Administration now back some 90% of new mortgages.
The NAR also has supported a Senate bill that would offer subprime borrowers an alternative by expanding availability of fixed-rate loans backed by the Federal Housing Administration.
Meet the Federal Housing Administration or FHA. It found life under Roosevelt in 1934 as part of his alphabet soup answer to extricate America from depression.
At HUD, some telephone hotline services run by outside contractors providing housing counseling services to the public were still operating on Friday, including the Federal Housing Administration Resource Center.
It sounds like Obama will ask Congress to let the Federal Housing Administration (FHA) guarantee refinancings by underwater borrowers and charge big banks a fee to cover the costs.
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Still, raising the loan-guarantee fees could instead steer more borrowers to seek mortgages from the Federal Housing Administration if that agency didn't take similar steps to raise its mortgage-insurance premiums.
This week, the Federal Housing Administration reported that it has exhausted its reserves, possibly requiring a bailout from U.S. taxpayers for the first time ever in its nearly 80-year history.
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As part of that message, a top NAHB priority is to push for reform of the Federal Housing Administration, a government agency that insures mortgage loans for 1.1 million borrowers annually.
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