FHA
Coming Up:
Potential Government Shutdown Threatens Home Loan Processing
Limited staffing at HUD and USDA may cause delays in FHA, VA, and reverse mortgages, impacting home buyers and the broader housing market.
FHA OKs Modifying Mortgages To 40-Year Terms
Can now extend the term from 360 months to 480 months.
All-Cash Buyers Still Dominate As The Market Slows
31.4% of U.S. home purchases were paid with all cash in July.
MBA, Other Organizations Want FHA's MIP Reduced
Submit letter to the White House & National Economic Council urging reduction in mortgage insurance premium.
FHA Seeks 40-Year Mortgage Modifications
Proposed rule change sees opposition due to unclear effect on lenders
A New Hope For First-Time Homebuyers
New FHA limits and down-payment assistance help borrowers get into homes
MORTGAGE WOMEN
Demand For Second Homes Rebounds In September
In September, demand for second homes was 60% higher than it was before the coronavirus pandemic.
FHA Extends Single-Family Eviction Moratorium
Moratorium Extended Through Sept. 30
FHA Adds COVID-19 Recovery Options For Forward And Reverse Borrowers
The Federal Housing Administration announced additional COVID-19 recovery options to help both forward and reverse homeowners who are facing hardships as a result of the pandemic.
Renters Earn Rewards By Paying Rent In New Bilt Program
More than 2 million rental units throughout the country will now be able to earn rewards through monthly rent payments and renting-related events.