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December 2, 2008 10:43:12 PM CST


FHA mortgage

FHA mortgage news stories

2 Stories

OPINION

Housing Will Bottom June 30, 2009: Cramer

Bombastic guru lists
10 signs of a real-estate turnaround

(Newser) - Jim Cramer has spent over a year “shouting in my usual unhinged way” about the bleak real estate market, he writes in New York. But now he’s so confident housing’s headed for a bottom that he’ll name the exact date: June 30, 2009. Why? New home construction has fallen spectacularly, and "by next June we won’t be building enough homes to accommodate demand." Congress has authorized $300 billion in FHA loans. Foreclosures and supply will both nosedive as a result. More »

More about:  housing market housing crisis Fannie Mae Freddie Mac home prices housing bubble Jim Cramer FHA mortgage

Depression-Era FHA Tries to Save Mortgages

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

(Newser) - It’s been a while since the Federal Housing Administration was relevant. But now policymakers are counting on the Depression-era agency, which mostly insures mortgages, to once again solve a housing crisis. FHA-insured loans are swiftly becoming substantially cheaper than their Fannie Mae or Freddie Mac backed counterparts. “The FHA’s role is going to be huge,” predicted one mortgage consultant. More »

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