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

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

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.