FHA Expands COVID-19 Recovery Loss-Mitigation Options
Updated and expanded options intended to help more borrowers avoid foreclosure.
Updated and expanded options intended to help more borrowers avoid foreclosure.
The plan helps senior homeowners with FHA-insured HECMs who are behind on required property charge payments due to effects of the COVID-19 pandemic.
Update of conflict of interest rule allows individuals to serve as both MLO and real estate agent, with certain restrictions.
Extension applies to senior borrowers affected by COVID-19.
FHA to allow private flood insurance policies on insured single-family mortgages in special flood hazard areas.
In annual report to Congress, FHA says serious delinquencies fell to 4.77%.
Seeking public comment on a rule that would set a methodology for regularly adjusting the limits.