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VIEWPOINTS: FHA bill doesn’t address future issues

VIEWPOINTS: FHA bill doesn’t address future issues
The House of Representatives recently passed H.R. 5072 by a huge margin to shore up finances of the Federal Housing Administration (FHA). Rep. Allen Boyd voted for the bill. The FHA does not actually fund mortgages, but insures mortgages against…
Read more on The News Herald

Rich Defaulting on Mortgages At Highest Rate
One has to be cautious in invoking cultural stereotypes. However, when the subject of defaults or mortgage mods comes up here and in other forums, almost inevitably some readers will start off on a bit of a rant: “I pay my mortgage/rent, why should these people get a break?” And these discussions often take [...]
Read more on Naked Capitalism

UAE banks to offer ‘cheaper’ money to Tayseer projects
Dubai Land Dep’t expects better value mortgages, funding for selected projects.
Read more on Arabian Business

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