Bad Credit Loans      Personal Loans       Unsecured Loans       Lending News       Secured Loans Information

16 November 2010 ~ Comments Off

FHA DPA Losses Could Exceed $13 Billion

Business loans

In its annual report to Congress, the Federal Housing Administration said loans involving seller-financed down-payment assistance have resulted in $6.6 billion in claims so far. Seller-paid DPA is no longer allowed on government-insured loans. FHA expects that such loans will ultimately cost $13.6 billion.

View full post on All Stories

Tags: , , , , , , , , , , , , , , , , ,

Relevant Posts


  • Detroit Symphony Strikes Over Pay, Pension Cuts
  • The Pocket Mortgage Guide: 56 of the Most Important Questions and Answers About Your Home Loan – Plus Interest Amortization Tab
  • Not a time for rash decisions
  • International Isotopes 2010 net loss increases 49% to $6,802,014
  • Struggling borrowers seek help at workshop
  • Workshops set on budget
  • Offers without a Price Tag
  • Revised estimate shows economy grew faster than thought during end of 2010
  • Ohio town evacuated after fires, gas leak
  • How To Get Poor Credit Unemployed Quick Loan Without Leaving Home Comfort

    • Comments are closed.

    Powered by Yahoo! Answers