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FHA considers down payment requirements (Washington Post)

The Federal Housing Administration has concluded that its loan volume would have dipped by 40 percent in the next fiscal year and that 300,000 first-time home buyers would have been shut out of the housing market if it had raised its down payment requirements, as critics have pressured it to do, ...

NAR Urges Congress, Administration to Approach Changing FHA Slowly (Marketwire via Yahoo! Finance)

WASHINGTON, DC--(Marketwire - 03/11/10) - The National Association of Realtors urged Congress and the administration to move cautiously before making changes to the Federal Housing Administration program that has served the needs of millions of American families for more than 75 years without needing a federal appropriation. FHA remains financially strong because it has taken steps to ensure ...

Gov't official warns on home down payment hikes (San Francisco Chronicle)

The head of the Federal Housing Administration is warning that boosting the minimum down payment borrowers must provide to qualify for home loans backed by the agency could threaten the housing market. FHA commissioner David Stevens said at a House hearing... Federal Housing Administration - Loan - Down payment - Real estate economics - Mortgage

NAR Urges Congress, Administration to Approach Changing FHA Slowly (Marketwire)

WASHINGTON, DC--(Marketwire - March 11, 2010) - The National Association of Realtors ® urged Congress and the administration to move cautiously before making changes to the Federal Housing Administration program that has served the needs of millions of American families for more than 75 years without needing a federal appropriation.

Cape Commerce (Cape Cod Times)

Jack Nesbit has joined Covenant Mortgage in Centerville as a senior loan officer. He will focus on FHA and conventional mortgages as well as first-time homebuyers.