FHA

Among the many housing policy disappointments sustained during the bust, the Hope for Homeowners mortgage refinancing program has to rank as the disappointing-est. Originally estimated as having the potential to aid nearly half a million struggling borrowers, the program has resulted in just one successful loan refinancing to date. Quite the batting average. But the [...]

New HUD program allows first-time homebuyers to borrow against an $8,000 tax credit for downpayments, raising questions about what was learned from the housing crisis.

A plan designed to help 400,000 homeowners modify their mortgage terms has only helped 25 borrowers.