A federal agency that insures mortgages for millions of low- and middle-income borrowers is facing losses of $16.3 billion and might require taxpayer support, according to an independent audit released Friday.
The federal government has sued Wells Fargo Bank in New York, blaming the nation’s largest originator of home mortgages for thousands of loan defaults over the last decade.
The House has passed legislation to strengthen the financial position of the Federal Housing Administration, a key source of financing for low-income and first-time homebuyers.
Published: November 4, 2011
Tags: Bob Brendel, Dan Thompson, Federal Highway Administration, FHA, highway projects, League of Wisconsin Municipalities, Nancy Singer, Pat Goss, toll road, Transportation Development Association of Wisconsin, U.S. Tolling Coalition, Wisconsin Transportation Builders Association, WTBA
The biggest battle might be waiting at home for a Wisconsin road builders group leading the charge for Congressional approval of interstate highway tolls.
Published: August 23, 2011
Tags: ADA, Americans with Disabilities Act, bicycle, Brian Roper, Christine Sinicki, Federal Highway Administration, FHA, Hoan Bridge, I-794, infrastructure, Interstate 794, Kevin Hardman, Mark Gottlieb, Scott Walker, Wisconsin Department of Transportation, WisDOT
By James Briggs Bicycle advocates Tuesday planned to lobby the state Department of Transportation for a bike and pedestrian path to be included in the reconstruction of Milwaukee’s Hoan Bridge. The bike path is a once-in-a-generation opportunity to connect Milwaukee’s downtown to its south side and suburbs for bicyclists, said Kevin Hardman, executive director of [...]
Wisconsin will get more than $4.5 million in federal grants for highway improvement and planning. The money will be used for highway-related efforts, including $3.75 million for the reconstruction of the I-94/SR 65 interchange in St. Croix County. Other projects include: $216,800 for the construction of more parking and pathways to increase accessibility for travelers [...]
By Katie Zemtzeff Seattle Daily Journal of Commerce Seattle (AP) — Seattle Tunnel Partners, the state’s contractor on the Alaskan Way Viaduct Replacement, is preparing to build what will be the world’s largest deep bore tunnel, with an outside diameter of 56 feet. But before construction can start, the team needs to get a record [...]
By Derek Kravitz Associated Press Washington — The Obama administration could turn thousands of government-owned foreclosures into rental properties to help boost falling home prices. The Federal Housing Finance Agency said it was seeking input from investors on how to rent homes owned by government-controlled mortgage companies Fannie Mae and Freddie Mac and the Federal [...]
Published: May 12, 2011
Tags: Door County Coastal Byway, Federal Highway Administration, FHA, grants, Great River Road National Scenic Byway, National Scenic Byway Program, WIS 35, WIS 42, WIS 57
Wisconsin is getting federal money for construction projects due to a grant from the Federal Highway Administration’s National Scenic Byway Program. More than $2.4 million in federal money will go toward two projects along the Great River Road National Scenic Byway (WIS 35) in western Wisconsin and a project along the state-designated Door County Coastal [...]
Published: May 4, 2011
Tags: Colleen Harris, Debelak, Federal Highway Administration, FHA, Green Bay, guardrails, Highway 41, Highway 51, I-39, Interstate 39, Michels Corp., Milwaukee, Scott Walker, Tom Petri, U.S. Highway 41, Wisconsin Department of Transportation, WisDOT
By James Briggs Gov. Scott Walker’s plan to convert U.S. Highway 41 between Milwaukee and Green Bay into an interstate is not so much a grand new vision as it is a public acknowledgment of work that has been under way for years. Walker credited Republican U.S. Rep. Tom Petri for setting the table for [...]