Newsroom Headlines

  September 19, 2007 Mortgage Lending House Passes Comprehensive FHA Reform Yesterday, the House of Representatives passed  H.R. 1852, the “Expanding American Homeownership Act of 2007,” which will

  September 18, 2007 Mortgage Lending House Set to Vote on FHA Mortgage Legislation Today The House is set to vote today on a bill that would allow the Federal Housing Administration, which insures

  September 17, 2007 Congress Plans Action on Subprime Crisis this Week The House will turn its attention to legislation boosting Federal Housing Administration loan limits in an effort to address the

  September 14, 2007 Kara Homes Reorganization Plan Approved Bankruptcy Judge Michael B. Kaplan confirmed the reorganization plan of Kara Homes Inc., enabling the once-leading builder to exit chapter

  September 13, 2007 Mortgage Lending Prepayment Penalties Adding to Homeowner’s Refinancing Difficulties Homeowners whose adjustable-rate mortgages are resetting to higher interest rates are finding

  September 12, 2007 Mortgage Lending Mortgage Lender's Bankruptcy May Threaten Thousands of Homeowners Thousands of homeowners face an 'imminent risk' of losing their homes because of clashes between

  September 11, 2007 Mortgage Lending Congressmen Look to FHA, GSE’s to Help Solve Subprime Crisis Limits on loans insured by the Federal Housing Administration (FHA) would increase under a proposal

  September 10, 2007 San Diego Diocese Settles Abuse Claims for $198 Million The Roman Catholic Diocese of San Diego said Friday it has agreed to pay $198.1 million to settle 144 claims of sexual

  September 7, 2007 Subprime Mortgages Regulators Look into Ratings Firms' Practices Amid Subprime Troubles In the wake of mortgage-market turmoil, regulators plan to probe how the big credit-rating

  September 6, 2007 Consumer Bankruptcy Filings Increase 17 Percent in August U.S. consumer bankruptcy filings increased 17.3 percent nationwide in August from the previous month, according to the ABI