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Helping American Families Keep Their Homes.
President Bush Announces Private-Sector Plan To Help Struggling Homeowners, Calls On Congress To Join Administration In Acting
WASHINGTON -- Today, President Bush outlined steps the Administration is taking to help American homeowners and called on Congress to join him in delivering relief to homeowners in need. In August, President Bush announced measures to help many struggling homeowners, including directing Treasury Secretary Henry Paulson and Housing and Urban Development (HUD) Secretary Alphonso Jackson to work with lenders, loan servicers, mortgage counselors, and investors on an initiative to help struggling homeowners. Secretaries Paulson and Jackson responded by assembling a private-sector group called the HOPE NOW Alliance. HOPE NOW is an example of government bringing together members of the private sector to voluntarily address a national challenge - without taxpayer subsidies or government mandates. Today, the President announced that these efforts have yielded a promising new source of relief for American…
- Nehemiah Corporation of America CEO Issues Statement on President Bush's Call...
- Press release article from: Business Wire January 19, 2004 700+ words
...of a minimum 3 percent down payment for FHA-insured single-family mortgages for...We at Nehemiah enthusiastically support President Bush's call for the removal of the downpayment requirement for FHA first-time home buyer mortgage approval...
- HUD Kills FHA Secure Effort.
- Magazine article from: National Mortgage News January 5, 2009 700+ words
...Development has terminated its FHA Secure program, which was originally...Housing Administration loans. President Bush launched FHA Secure program in August 2007 as...a global financial crisis. The FHA Secure program refinanced only...
- FHA by the numbers.(Washington)
- Magazine article from: Mortgage Banking Pfotenhauer, Kurt November 1, 2007 700+ words
...median home price. The Senate bill would raise FHA loan limits to a level similar to Fannie Mae and...some remaining issues. The third good sign for the FHA is that President Bush has made FHA reform a critical piece of his administration...
- FHA Expands Refi Program.
- News wire article from: Mortgage Line Collins, Brian May 16, 2008 700+ words
...standing." HUD estimates the new FHA Secure program could refinance...Association declined to comment on FHA Secure last Thursday, claiming...complete an analysis of the changes. President Bush launched the FHA Secure program last September as...
- Commissioner Is Leaving Behind a Revitalized FHA Program.
- Magazine article from: National Mortgage News October 20, 2008 700+ words
...modernize the FHA mortgage insurance...programs, which President Bush signed on July...White House, President Bush nominated his assistant to be FHA commissioner...conflicted with President Bush's goals of...the new FHA commissioner...
- FHA wants to offer no-down payment mortgages.
- News wire article from: The America's Intelligence Wire January 20, 2004 700+ words
...plan to be included in President Bush's fiscal 2005 budget, the FHA commissioner announced...period. Weicher said the FHA "has been addressing...business improve." President Bush will ask Congress to grant the FHA the authority to make...
- FHA Aids Subprime Refinancing.
- Magazine article from: National Mortgage News August 18, 2008 700+ words
...teleconference call discussing FHA Secure and pending congressional...response to the housing crisis, FHA has expanded its mission to...mortgages. In late August 2007, President Bush introduced a new product called FHA Secure for homeowners who were...
- OPEN FORUM: FHA Aids Subprime Refinancing.
- Magazine article from: National Mortgage News Preston, Steve August 18, 2008 700+ words
...teleconference call discussing FHA Secure and pending congressional...response to the housing crisis, FHA has expanded its mission to...mortgages. In late August 2007, President Bush introduced a new product called FHA Secure for homeowners who were...
- M2 Lending Solutions Adds Ignacio "Nacho" Yogues III as Sales Director to Meet...
- Press release article from: Business Wire September 18, 2007 700+ words
...homeowners with subprime loans FHA-backed refinancing options for several years. Now that President Bush has put the spotlight on FHA-backed loans, M2 Lending Solutions...Solutions continues to roll out its FHA-backed 30 Year Home Saver loan...
- FHA Called Upon for More Help.
- News wire article from: Mortgage Line Collins, Brian March 24, 2008 700+ words
...requirement. Ironically, the FHA Secure program has been very...appears OTS is looking for FHA to refinance jumbo mortgages...large West Coast thrifts. President Bush recently signed a bill that increases the FHA loan limits in high-cost...
Source: HighBeam Research, Helping American Families Keep Their Homes.
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