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HUD, Rating Agencies, The Big Three, and The Ongoing Mortgage Mess

In an attempt to try and get a grip on what has happened in the mortgage mess I read a lot. Tonight there was a interesting article on MSNBC (see article here) about the part HUD, Housing and Urban Development,

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FHA Increases Limits Nationwide – Stats for Kane County and Coconino County

Last week, President Bush signed into law a $152 billion economic stimulus bill that includes temporary increases in loan limits for the government sponsored enterprises ie. Freddie Mac, Fannie Mae and FHA until December 31. In order to help sort

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Nehemiah Hud Lawsuit Statement

On March 3, 2008 Nehemiah officials released a statement regarding the ongoing lawsuit with HUD. Background: Nehemiah is the largest of the privately funded, non-profit, downpayment assistant programs. In October 2007, HUD ruled to ban private downpayment assistance programs. Nehemiah

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