In its Annual Report to Congress for fiscal year 2023, the FHA detailed the work of its single-family mortgage insurance programs in fiscal year 2023, including updates on credit access, capital in the MMI Fund, and delinquency rates of mortgages in its portfolio.
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Montgomery on FHA Streamlining of “Unnecessary and Outdated” Regulations
FHA Commissioner Brian Montgomery called attention to a pair of new mortgagee letters addressing 10-year protection plans and inspector regulations. Click through to learn how these changes support Montgomery’s stated goals of streamlining FHA’s policies and procedures.
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