Archives For: FHA
HUD Extends Foreclosure Moratoriums in Areas Devastated by Hurricanes Helene and Milton
FHA announced it is extending its foreclosure moratoriums in FEMA-declared disaster areas affected by Hurricanes Helene and Milton through April 11, 2025.
11 Dec 2024
HUD Announces 2025 Loan Limits
HUD’s FHA loan limits will increase in 2025 for most of country due to continued appreciation of home prices over the past year.
26 Nov 2024
FHA Removes Face-to-Face Requirement for Borrowers in Default
FHA has released a final rule that waives the HUD requirement for mortgagees to meet in-person with borrowers who are in default on their mortgage.
2 Aug 2024
HUD Proposed New Rule to Govern the Sale of FHA Mortgage Notes
HUD is proposing a new rule to govern the sale of seriously delinquent single family mortgage loans insured by FHA.
17 Jul 2024
HUD Extends Additional Relief to Borrowers in Maui, HI
HUD announced it is extending its foreclosure moratorium for borrowers of FHA-insured mortgages in Maui County, HI through August 4, 2024.
6 May 2024
FHA Extends Current Foreclosure Protections for Borrowers in Maui County, HI
FHA announces it is extending its existing disaster-related foreclosure moratorium in Maui County, HI through May 6, 2024.
2 Nov 2023
Mortgage Lenders Can Now Count Income from ADUs When Underwriting FHA Loans
Mortgage lenders can now count income from accessory dwellings when underwriting FHA loans to help households maximize the potential benefits of homeownership.
16 Oct 2023
FHA Eyes Electronic Communication with Proposed Modernized Engagement for Defaulting Borrowers
FHA has announced a long-awaited proposal that could revolutionize how mortgage companies engage with borrowers in default.
1 Aug 2023
FHA Launches New Resources to Remove Language Barriers for Borrowers
The Federal Housing Administration (FHA) is making available in Chinese, Korean, Spanish, Tagalog, and Vietnamese more than 30 single family mortgage documents and related resources used in the origination of FHA-insured mortgages.
13 Jun 2023
FHA Proposes Innovative Approach to Keep Struggling Homeowners in their Homes
FHA announced a proposal for a new home retention option to help struggling homeowners meet their mortgage obligations.
31 May 2023