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Volume 3 - Number 18

September 3, 2010

FHA Delinquencies Falling But Still Elevated

The percentage of FHA loans more than 90 days delinquent or in foreclosure declined for the second consecutive quarter in the second quarter of 2010, but the rate is still well above levels seen in 2009 and earlier. According to the latest delinquency survey from the Mortgage Bankers Association, 8.45 percent of FHA loans were...

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Poll

The Consumer Financial Protection Bureau is completing its first six months of operation. Based on the agency’s regulatory pronouncements and announcements to date, how do you think the agency is doing?

It’s doing a good job of balancing consumer protections with regulating the mortgage industry.
It’s too early to tell what kind of job the CFPB is doing.
It’s not needed and should be closed down.

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