Home -> Law Blog Directory -> Loan Modification Blogs -> Mortgage Lender Implode-o-Meter

OR PHONE (866) 635-1838 for Bankruptcy Help, (866) 635-6190 for Divorce,
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense

Find a Local Lawyer

Bankruptcy (866) 635-1838
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402

Loan Modification

: Mortgage Lender Implode-o-Meter

FHA Sets New Premium Structure for 15- and 30-Year Loans to Boost Capital Reserves

By Implode-Explode Heavy Industries

ADVERTISEMENTS

"As part of ongoing efforts to strengthen the Federal Housing Administration?s (FHA) capital reserves, FHA Commissioner David H. Stevens has announced a new premium structure for FHA-insured mortgage loans increasing its annual mortgage insurance premium (MIP) by a quarter of a percentage point (0.25) on all 30- and 15-year loans. The upfront MIP will remain unchanged at one percent. This premium change was detailed in President Obama?s fiscal year 2012 budget and will impact new loans insured by FHA on or after April 18, 2011."

Full post as published by Mortgage Lender Implode-o-Meter on February 14, 2011 (boomark / email).

Lawsuits and Settlements

Getty Images
Faces Class Action over Premium Access

KeyBank USA
alleging the bank offered loans for fraudulent vocational schools.

Pacific Capital Bancorp 401(k) / ERISA Stock Fraud
Pacific Capital Bancorp 401(k) / ERISA Stock Fraud

Kohlberg Capital Corporation 401(k) / ERISA Stock Fraud
Kohlberg Capital Corporation 401(k) / ERISA Stock Fraud

KB Home and Countrywide Financial Corp.
allegedly conspired with appraisers to boost housing prices as the market crashed.

Coca-Cola Co.
has agreed to pay $137.5 million to settle a securities lawsuit claiming the company artificially inflated sales to boost its stock price.

Related Searches