Tag Archives: Federal Housing Administration (FHA)

With approximately $73.3 billion earmarked for HUD in 2024, the Department would make an investment in building affordable housing, expand access to homeownership, and address housing discrimination.

President Biden’s proposed fiscal year 2024 budget would significantly invest in building affordable housing, expand access to homeownership, combat housing discrimination, and enhance household mobility.

The Department believes that its new rule will serve as a critical home retention tool for borrowers in a volatile interest rate market.

SCOTUS will hear arguments in a case challenging the constitutionality of the Bureau's funding structure. Click through to learn what this could mean for the CFPB and the industry.

Reduction in MIP will result in an estimated savings of $678 million for American families by the end of 2023, and benefit an estimated 850,000 borrowers over the coming year, saving them an average of $800 annually.

New Request for Information seeks industry input on ways to enhance FHA’s 203(k) Rehabilitation Mortgage Insurance Program to support the nation’s housing supply and affordability.

Stepping up its Environmental, Social, and Governance (ESG) efforts, Ginnie Mae is providing greater transparency into its pools for investors through new LMI disclosure.

HUD Secretary Marcia L. Fudge has announced that more than 1.8 million FHA borrowers received a forbearance due to a hardship created or exacerbated by COVID-19.

The Federal Housing Agency and the Consumer Financial Protection Bureau have been called on to fix servicing problems and create additional protection for the 480,000 outstanding reverse mortgages in the country.

Mortgage servicers can begin offering post-pandemic loss mitigation immediately, regardless of the cause of a borrower's delinquency.