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Tagged: Federal Housing Administration (FHA)

FHA Enacts New Cybersecurity Reporting Requirements

FHA mortgagees experiencing a potential or actual cyberattack must notify HUD within 12 hours.

Regulation and Compliance
May 29, 2024
Lawsuit Against HUD Alleges Neglect In Refunding Mortgage Insurance Premiums

HUD reportedly owes nearly $400 million in refunds to homeowners.

Courts
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.

Analysis and Data
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.

Regulation and Compliance
Feb 05, 2024
Mourning Former MBA President David Stevens's Death

The former Federal Housing Commissioner died unexpectedly.

Industry News
Jan 17, 2024
Proposed Updates To 203(k) Lauded As Beneficial

Changes would increase thresholds, completion deadlines

Renovation
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.

Industry News
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.

Analysis and Data
Sep 14, 2023
Rejected Mortgage Applicants Get Another Chance

FHA waiver removes the scarlet letter from denied borrowers.

Regulation and Compliance
Sep 07, 2023
FHA Introduces New Functionality to Streamline Case Cancellations and Reinstatements

Seeks to eliminate manual submissions.

Industry News
Aug 10, 2023
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