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Audit shows US housing agency faces $16.3B losses (UPDATE)

Published: November 16, 2012
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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.

US sues Wells Fargo over FHA-insured loan defaults

Published: October 9, 2012
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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.

House passes bill to strengthen FHA

Published: September 11, 2012
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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.

Builders push for toll roads (access required)

Published: November 4, 2011
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The biggest battle might be waiting at home for a Wisconsin road builders group leading the charge for Congressional approval of interstate highway tolls.

Bicyclists peddle Hoan Bridge path (access required)

Published: August 23, 2011
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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 [...]

State gets $4.5M from feds for highway upgrades (access required)

Published: August 18, 2011
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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 [...]

Lunda’s parent co. eyes world’s largest deep bore shaft

Published: August 16, 2011
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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 [...]

US considers turning foreclosures into rentals

Published: August 15, 2011
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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 [...]

Wisconsin gets $2.4 million in federal Scenic Byway grants

Published: May 12, 2011
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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 [...]

Long and winding road: Highway 41 projects meet interstate standards (access required)

Published: May 4, 2011
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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 [...]

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