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  • FHA suspends planned mortgage insurance cut

    Jan 20, 2017  13:45 ET
    In one of the first acts of the Trump Administration, the Federal Housing Administration (FHA) has suspended indefinitely a recent announced cut to insurance premiums on FHA loans. The agency says it will review the impact of such a reduction, which was scheduled to go into effect on Jan. 26. >>

      1. Mnuchin: Housing finance reform is possible

        Treasury Secretary-nominee Steve Mnuchin on Thursday pledged to make housing-finance reform a top priority and to seek a bipartisan solution to end the federal government’s control of Fannie Mae and Freddie Mac. “As I ha... >>

      2. Multifamily surge drives December housing starts

        A surge in multifamily construction pushed up December’s housing starts to the second highest level of the year. Overall starts were at a seasonally adjusted rate annual rate of 1.2 million, up 11 percent f... >>

      1. Mnuchin's OneWest tenure slammed at forum

        One day before his scheduled confirmation hearing, Treasury Secretary-nominee Steve Mnuchin’s record as the former head of OneWest Bank was lambasted during a forum sponsored by Senate Democrats. OneWest wa... >>

      2. Firing CFPB's Cordray could be a legal landmine

        In advance of President-elect Donald Trump’s inauguration this Friday, there has been much speculation that Consumer Financial Protection Bureau (CFPB) Director Richard Cordray will be fired, if he doesn’t resign first. ... >>

    1. More Headlines

      Mortgage rates fall for third straight week
      After rising rapidly for several weeks after the presidential election, mortgage rates fell for the third co... >>

      FHA suspends planned mortgage insurance cut
      In one of the first acts of the Trump Administration, the Federal Housing Administration (FHA) has suspended i... >>

      Builder confidence remains high
      Builder confidence in the market for new homes continues to be strong despite dipping marginally from a high p... >>

      Mortgage applications for new homes cool off
      Mortgage applications for new-home purchases in December have cooled, but are still running ahead of the pace... >>

      View all headlines >>
    2. Q&A

      Investors: GSE reform must end profit sweeps

      Efforts to reform the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac and the U.S. housing-finance system will get a new look on Capitol Hill with the... >>

      GSE reform faces coin-toss odds

      Michael Bright, director of the Milken Institute’s Center for Financial Markets, spoke with Scotsman Guide News about the prospects for reform within the next two years. ... >>


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