FHA
Mortgage groups push FHA for loss mitigation extension
A coalition of six organizations representing mortgage companies and borrowers has sent a letter to the Federal Housing Administration (FHA),…
Read More »NRMLA’s Steve Irwin on FHA report, HECM changes and more
As the reverse mortgage industry prepares to say goodbye to the tumultuous year that is 2024, positive news for the…
Read More »FHA extends foreclosure moratorium for hurricane victims
The Federal Housing Administration (FHA) on Friday announced two new key responses to its ongoing disaster recovery efforts in the…
Read More »FHA will implement modern borrower default engagement practices
The Federal Housing Administration (FHA) on Wednesday published Mortgagee Letter (ML) 2024-24, which implements guidance first floated this past summer…
Read More »FHA extends cybersecurity reporting requirement to 36 hours
The Federal Housing Administration (FHA) this week published a final Mortgagee Letter (ML), 2024-23, that requires lenders to report a…
Read More »HUD raising FHA ceiling in high-cost markets to $1.2M next year
Adjustment for rising home prices increases FHA ceiling in high-cost markets like New York, San Francisco and Washington, D.C., and…
Read More »FHA loan limit increases to $524,225 in 2025
The Federal Housing Administration (FHA) is increasing the “floor” and “ceiling” FHA loan limits in 2025 to $524,225 and $1,209,750,…
Read More »FHA wants added flexibilities for borrowers renting out a bedroom
The Federal Housing Administration (FHA) on Wednesday posted a proposed Mortgagee Letter (ML) that would add flexibility for people receiving…
Read More »Healthy FHA Reserves Justify Premium Cuts, Lenders Say
Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman…
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