Refinancing gives boost to 2009 mortgage activity
While many New Orleans companies watched business shrink last year, the area’s mortgage companies were a bright spot in an otherwise murky economic picture. That good news came in the form of...
View ArticleHigher demand forces FHA to increase mortgage premiums
One of the many byproducts of mortgage lending reform is the large rise in Federal Housing Administration-insured loans. FHA-backed loans have historically been the vehicle for lower income Americans...
View ArticleLenders doubt impact of looser FHA rules
Recent changes to the way the HUD approves lenders will make it easier for small banks, credit unions and thrifts to make Federal Housing Administration loans. But the area’s largest FHA lenders aren’t...
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