Tag Archives: FHA

The White House—with HUD, FHFA, Treasury, and other departments—announced a a series of actions aimed at removing barriers to homeownership.

This extends the ban until next year and covers the roughly 8.1 million homeowners with single-family mortgages insured by the FHA.

Click through to listen to a complimentary webinar breaking down the operational benefits and implications stemming from HUD’s recent mortgagee letter.

HUD Secretary Dr. Benjamin Carson said, "Dana has been a tremendous asset to the Department and the Administration throughout her years of service, and I have full confidence in her ability to successfully lead FHA."

The Administrations said its proposals are designed to strengthen the servicers’ ability to “keep families experiencing financial challenges in their homes.”

The Federal Housing Finance Agency (FHFA) announced that the GSEs—Fannie Mae and Freddie Mac—will extend several loan origination flexibilities until August 31. These flexibilities were set to expire on July 31, 2020. Extended flexibilities include: Alternative appraisals on purchase and ...

The FHA said this proposal will help make the program “more viable” for foreclosure sales associated with defaulted FHA-insured mortgages.

New research highlights areas for improvement in HUD and FHA’s foreclosure prevention actions during the Great Recession with implications for the current market.

The Department said its policy toward DACA recipients for the FHA mortgage program "has not changed" under the Trump Administration.

"During this unprecedented pandemic, he has been by my side every step of the way as we have implemented policies to protect Americans across the country," said Secretary Ben Carson.