Amidst mounting public pressure to do more to keep struggling homeowners in their homes, the Department of Housing and Urban Development and the Federal Housing Administration announced a series of ...
The program would allow struggling homeowners to keep their existing interest rate and reduce their monthly payment temporarily, using funds from the FHA Partial Claim. Legal expert says National ...
The “Tiny Home” movement is interesting, but 84 square feet? That is enough to store my Hot Wheels, Match Box, and slot car collections. Am I thinking about this the wrong way? We sure have had a lot ...
A consumer who sold his or her home in a short sale or lost it in a foreclosure would normally have to wait 36 months to purchase a primary residence again with an FHA fixed-rate mortgage. However, ...
HUD FOIA response reveals FHA collects no citizenship/residency data on loan apps, raising enforcement questions.
The rule, originally proposed in March 2023, takes into consideration stakeholder comments. The agency will publish a Mortgagee Letter (ML) in the near future outlining how this new rule will be ...
A newly surfaced Freedom of Information Act response shows the Federal Housing Administration cannot readily say how many noncitizen borrowers have FHA-insured mortgages, even after it changed the ...
These two reform measures would substantially reduce the FHA’s scope and move the FHA away from support of high-cost mortgages. Ending the multifamily mortgage insurance and the mortgage programs for ...
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