PHOENIX  — Standing at the epicenter of the nation’s recent housing crisis, President Barack Obama on Thursday promoted plans to lower some mortgage insurance premiums, a move the White House says could save homeowners $900 a year and attract 250,000 ...

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WASHINGTON  — First-time homebuyers whose home loans are guaranteed by the Federal Housing Administration would benefit from an Obama administration move to lower mortgage insurance premiums. Under the plan, the housing administration will reduce annual mortgage insurance premiums by 0.5 ...

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CHARLOTTE – A Hickory man was sentenced this week to 30 months in federal prison for his role in a mortgage and consumer fraud scheme involving the sale and financing of manufactured and modular homes throughout North Carolina. Roger Dean ...

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A new plan has been implemented that can save substantial costs for mortgage borrowers. Federal Housing Administration borrowers may be able to lower their mortgage insurance premiums if they agree to undergo housing counseling, according to a report from the ...

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Your next new home may be firmly plugged into electronic advancements. This year’s Consumer Electronics Show in Las Vegas has surprised many within the real estate industry for the quantity of innovations that are based around the home, it was ...

Tagged with: Federal Housing Administration Jim Woodard RealtyTrac

DEAR BENNY: Our condominium declaration allows renting but there is no rental cap or time period for the lease. We have a waiting list of people who want to rent their units. Currently, we have four owners leasing their units. ...

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The site of a bloody and controversial 1929 labor strike in Gaston County is set to start a second life, as developers revitalize an abandoned mill in west Gastonia. Built in 1900, the Loray Mill was billed as the South’s ...

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The interest rate for a large jumbo mortgage is now less than the rate for a smaller conventional loan. The increase in rate for conventional loans, combined with banks seeking jumbo mortgages for their portfolios, has created a situation in ...

Tagged with: Fannie Mae Federal Housing Administration Federal Housing Finance Agency Freddie Mac Jim Woodard Quicken Loans

At a recent gathering of commissioners, strong support for the Federal Housing Administration was expressed. Lawmakers in Congress who are raising alarms about the FHA needing a bailout and supporting legislation to change the way it does business are missing ...

Tagged with: Federal Housing Administration home prices Jim Woodard

Some people view the housing market as being soft, due to certain negative reports. However, Moody's Analytics predicted the housing market will remain strong through 2014 and 2015.

Tagged with: Department of Housing and Urban Development Federal Housing Administration Jim Woodard