FHA Helps High-End Buyers

Raised guarantee limit may be tough to roll back

By Rob Quinn, Newser Staff

Posted Nov 20, 2009 5:34 AM CST

(Newser) – When the government last year doubled the amount the FHA will guarantee on a home loan, to more than $700,000, it moved the agency into uncharted territory: backing loans for the middle-class and the wealthy, too. It also moved the FHA, designed to help... Read full story »

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FHA Helps High-End Buyers

Raised guarantee limit may be tough to roll back

real estate • housing market • mortgage • Federal Housing Administration • mortgage insurance • FHA

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More Newser Stories

Depression-Era FHA Tries to Save Mortgages

Long-sidelined agency now a central player in the credit crisis

Facing Foreclosure? BofA to Let You Rent Your Home

New 'mortgage to lease' program kicks off in test markets

$26B Mortgage Settlement a 'Modest' Help: Experts

Many struggling homeowners not covered in deal

FHA May Soon Need Its First-Ever Bailout

Auditors say agency will need taxpayer funds if home prices keep falling

11.1M Households Underwater

Number jumps to 23.1% at end of 2010, more likely on way

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