HUD Finalizes Rule To Modernize Engagement With Borrowers In Default
Borrowers in default are provided more flexible communication and scheduling options
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Tagged: Federal Housing Administration (FHA)
FHA's 203(k) Program Benefits From Highly-Anticipated Upgrade
Changes include increase to allowable loan amount, rehabilitation time
Jul 10, 2024
FHA Enacts New Cybersecurity Reporting Requirements
FHA mortgagees experiencing a potential or actual cyberattack must notify HUD within 12 hours.
May 29, 2024
Lawsuit Against HUD Alleges Neglect In Refunding Mortgage Insurance Premiums
HUD reportedly owes nearly $400 million in refunds to homeowners.
Mar 15, 2024
FHA Introduces New Payment Supplement To Aid Struggling Homeowners
Originally established as part of FHA's COVID-19 recovery measures, these options are accessible to mortgage servicers to assist all borrowers behind on mortgage payments.
Feb 22, 2024
FHA Announces New Rule Easing Branch Office Registration
Effective March 4, the Federal Housing Administration's updated regulation promotes broader participation in FHA programs, benefiting smaller loan originators and credit unions.
Feb 05, 2024
Mourning Former MBA President David Stevens's Death
The former Federal Housing Commissioner died unexpectedly.
Jan 17, 2024
Proposed Updates To 203(k) Lauded As Beneficial
Changes would increase thresholds, completion deadlines
Dec 04, 2023
FHA Greenlights Inclusion Of ADU Rental Income For Mortgage Financing
HUD's new policy targets affordable housing crisis, amplifying homeownership opportunities in dense urban areas.
Oct 16, 2023
Mortgage Applications For New Homes Surge In August 2023
New home sales fueled by first-time buyers and low existing inventory, despite higher mortgage rates; MBA's survey indicates 702,000 units sold at peak pace in three months.
Sep 14, 2023