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Bargainers agree to 
raise size of FHA-
backed loans

WASHINGTON — Congressional bargainers have agreed to increase the size of mortgages insured by the Federal Housing Administration in a compromise being hailed by the housing industry but criticized by conservatives. Under the deal by House and Senate negotiators, the ...

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HUD leader touts 
home stabilization efforts

PHOENIX — The Obama administration’s top housing official touted the government’s efforts to stabilize neighborhoods hard hit by foreclosures during a visit to a Phoenix neighborhood Thursday. U.S. Housing and Urban Development Secretary Shaun Donovan visited two homes bought out ...

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Feds sue 
mortgage broker, 
alleging 
lending fraud

NEW YORK — The federal government sued one of the nation’s largest privately held mortgage brokers this month, saying its decade-long fraudulent lending practices cost the government hundreds of millions of dollars and forced thousands of American homeowners to lose ...

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Mortgage robo-signing goes on

Mortgage industry employees are still signing documents they haven’t read and using fake signatures more than eight months after big banks and mortgage companies promised to stop the illegal practices that led to a nationwide halt of home foreclosures. County ...

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