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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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Appraisal anguish (access required)

Realtor Thomas Harte had a contract on a 1920s-era home in Charlotte’s Elizabeth neighborhood. The five-bedroom, four-bath, fully renovated house at 425 Clement Ave. was listed at $790,000. With a tax value of $1.23 million, Harte thought the home would ...

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