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Tag Archives: FHA

The Week Ahead: A New Deputy Secretary for HUD?

This week, the Senate Committee on Banking, Housing and Urban Affairs will hold a hearing to discuss the nomination of Brian Montgomery as Deputy Secretary of the Department of Housing and Urban Affairs. Here's what else is happening in The Week Ahead.

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Federal Housing Commissioner Montgomery Updates Congress

The Honorable Brian Montgomery, Commissioner of the Federal Housing Administration gave an update on the FHA at the close of 2019, with a focus on how the Administration is improving its ability to promote access to homeownership, particularly for underserved borrowers.

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DTI’s Ties to Mortgage Default Rates

debt

The FHA has signaled that it may tighten credit, noting that the debt-to-income (DTI) ratio for FHA-insured loans has been consistently increasing for six years. In a new report, find out just how much DTI impacts defaults and repayments.

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