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Tag Archives: Federal Housing Administration

Administration Names HUD Senior Adviser as New Leader of FHA

Edward Golding, a senior adviser at the U.S. Department of Housing and Urban Development, has been named by the White House as new leader of the Federal Housing Administration, according to HUD. Sources at HUD told DS News on Thursday that Biniam Gebre will be stepping down from his role as acting commissioner of FHA and that Golding will be taking over the duties of that office. HUD confirmed that Golding's new title will be principal deputy assistant secretary and that he will assume that post on April 7.

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FHA Commissioner Reaffirms Commitment to Middle Class, Administration’s Role

Federal Housing Administration (FHA) Acting Commissioner Biniam Gebre reaffirmed his organization's commitment to America's middle class as well as the role of the Administration and defended the FHA's recent lowering of the mortgage insurance premiums in statement released Thursday. Gebre's statement provides a preview of his upcoming appearance at the Five Star Government Forum on March 18 in Washington, D.C., where he will sit down for a one-on-one interview with Five Star Institute President and CEO Ed Delgado to discuss FHA's recent housing policy changes and the future of the organization.

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FHA Commissioner Joins Five Star Government Forum Speaker Lineup

The Five Star Institute announced the addition Friday of Biniam T. Gebre, Acting Commissioner of the Federal Housing Administration (FHA), as a featured speaker at the Sixth Annual Five Star Government Forum on March 18 at the Newseum in Washington, D.C. Gebre will sit down for a one-on-one interview with Five Star Institute President and CEO Ed Delgado to discuss FHA policies, standards, and programs impacting housing and homeownership across the United States.

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Updated: President Announces Reduction in FHA Premiums

FHA raised premiums in response to its declining mortgage insurance fund, which forced the agency to take a $1.7 billion bailout in 2013. Since then, it has rebuilt its capital, spurring some commentators to call for a cut. In a statement, the White House estimated that the reduction will translate to a $900 increase in annual mortgage payments for first-time buyers, with existing homebuyers expected to see similar savings.

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FHA Loan Limits Will Not Change for 2015

FHA recalculates its national loan limit every year, basing its math on a percentage calculation of the national conforming loan limit for mortgages eligible for purchase or guarantee by the GSEs.

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