Topic: David Stevens

White House expands housing aid program

WASHINGTON (Reuters) - The Obama administration on Friday announced a $14 billion effort to try to stem a rising tide of home foreclosures by giving lenders incentives to erase some mortgage debt and slash mortgage payments for the unemployed.The new aid
<div id="subtitle">Head of Federal Housing Administration warns against increased home down payment requirementThe head of the Federal Housing Administration is warning that boosting the minimum down payment borrowers must provide to qualify for hom
US Steel continues slide as analysts revise forecasts to reflect company's weak 1Q outlookShares of United States Steel Corp. tumbled for a second day Wednesday as several analysts lowered their projections after the steel manufacturing giant forecast a f
FHA commissioner defends health of housing agency amid concerns over its financial cushionFederal Housing Administration Commissioner David Stevens said Saturday that concerns the agency is headed for the same financial trouble that snared Fannie Mae, Fre
Head of Federal Housing Administration sworn in after nomination delayed in SenateThe Obama administration's nominee for a key housing post was sworn in Wednesday, after being confirmed by the Senate last week.David Stevens, formerly president and chief o
Senate lawmakers delay vote on Obama housing pick amid questions about pending litigationLawmakers on Tuesday delayed a vote to confirm the Obama administration's nominee for a key housing post to review lawsuits alleging his real estate company broke fed
Obama taps former Freddie Mac executive as federal housing commissioner nomineePresident Barack Obama has named a former Freddie Mac executive to head the federal housing commission.The White House on Monday named David Stevens as assistant secretary at t

Admiral warns motorists of premium rises

Motorists can expect higher car insurance premiums over the coming months, the Admiral group warned yesterday after announcing record profits. The company, owner of the insurance brands Elephant, Diamond, and the comparison site Confused.com, said it expe