Financial Regulatory Forum

US housing agency subpoeanas 15 FHA mortgage lenders

January 12, 2010

WASHINGTON, Jan 12 (Reuters) – Housing and Urban Development Inspector General Kenneth M. Donohue and Federal Housing Administration Commissioner David Stevens on Tuesday announced that 15 FHA-approved lenders have been subpoenaed to question why so many of their loans are going into default.

Obama administration noncommital on housing tax credit extension

By Reuters Staff
October 20, 2009

A vacant lot owned by Toll Brothers is shown for sale in a housing development in Broomfield, Colorado August 12, 2009. (File Photo) REUTERS/Rick Wilking (UNITED STATES BUSINESS) WASHINGTON, Oct 20 (Reuters) – President Barack Obama’s top housing adviser expressed doubts on Tuesday that the United States could afford to extend a popular tax credit for first-time homebuyers beyond its expiration next month.

U.S. wants lenders to speed up mortgage aid

By Reuters Staff
July 28, 2009

U.S. Treasury Secretary Timothy Geithner WASHINGTON, July 28 (Reuters) – Senior U.S. housing officials and leading mortgage companies met on Tuesday to set explicit goals for preventing evictions and helping struggling borrowers with their home loans.