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FHA Loan Apps Rise as Borrowers Try to Beat Fee Hikes

March 29, 2012: 

Mortgage applications for Federal Housing Administration loans soared 11 percent from the previous week as borrowers try to rush their applications in to beat the higher FHA costs that will start rolling out on Monday, according to the U.S. Mortgage Market Index report released from Mortech Inc. and Mortgage Daily.

Poll: Renters Want to Buy

March 28, 2012: 

Americans still believe in home ownership, but they’re spooked about the mortgage process, a survey finds. Two-thirds of renters -- across educational and demographic levels -- say they want to purchase a home in the future, according to a quarterly national housing survey of 3,000 Americans conducted by Fannie Mae.

House Subcommittee Considers Duplication in Federal Housing Programs

March 26, 2012: 

The Rural Development Subcommittee of the House Agriculture Committee this week held a hearing on "duplicative federal rural development programs".

Supreme Court Unanimously Decides in Favor of Property Rights in Sackett v. EPA

March 26, 2012: 

The U.S. Supreme Court handed private property owners a victory with a unanimous decision on March 21 allowing a couple to appeal an EPA ruling that their property contains a wetlands.

Senate Passes Two-Year Surface Transportation Authorization Bill

March 19, 2012: 

By a 74-22 vote, the Senate passed on March 14 a long-term surface transportation authorization known as "MAP-21" ("Moving Ahead for Progress in the 21st Century"). The bill largely maintains current funding levels for federal transportation programs over the next two years, with some changes to program structures and policies.

Treasury Department Releases Details on Making Home Affordable Program Updates

March 19, 2012: 

On March 9, 2012, the U.S. Department of the Treasury issued Supplemental Directive 12-02 that extends the Making Home Affordable (MHA) program to the end of 2013, and makes several changes to the Home Affordable Modification Program (HAMP) to increase the number of eligible participants.

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