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FHA-Backed Loans: The New SubprimeBusinessWeek - 6 hours ago(HUD), the firm's borrowers have a 9.2% default rate, the second highest among large-volume FHA lenders nationally. Now, members of the Cugno family have ...

Will a Govt. Loan Modification Plan Work?ABC News - Oct 31, 2008"The administration and Treasury and FDIC and HUD have been and continue to look for ways to reduce foreclosures. And the White House has a policy process ...

Maine gets $19.6M in federal funds for foreclosuresCentral Maine Morning Sentinel, ME - Oct 27, 2008In Maine, 4.3 percent or 13877 of all housing loans during the past 18 months went into foreclosure, compared to 4.8 percent nationwide, according to HUD. ...

White House Is Said to Want Limits on Loan-Guarantee ProposalBloomberg - Oct 30, 2008``The administration, including the White House offices, HUD and Treasury, has been looking at ways to reduce foreclosures, and that process is ongoing,'' ...

Housing starts set to decline for a few more monthsReed Construction Data, GA - Nov 7, 2008The HUD and private bank programs to do this are now rapidly expanding. And President elect Obama has made it very clear that he will raise the federal ...

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