Archives For: FHA
Mortgage Rates Retreat Below 7%
Mortgage rates dipped significantly this week, retreating below 7% for the 30-year fixed term, including FHA, VA and jumbo loans.
21 Nov 2022
FHA Annual Report Showcases Continued Leadership in Affordable Home Financing
FHA released its Annual Report to Congress, highlighting its significant role in supporting affordable mortgage financing.
15 Nov 2022
FHA Expands Access to Homeownership for First-Time Homebuyers who have Positive Rental History
FHA has announced that it will begin to permit inclusion of a first-time homebuyer’s positive rental payment history as an additional factor in mortgage qualification.
27 Sep 2022
Ginnie Mae Solicits Feedback on Enhancements to the Title I Manufactured Housing Program
Ginnie Mae, in coordination with FHA, published a Request for Input on enhancements to the Title I Manufactured Home Loan Program.
27 Jul 2022
FHA Expands Mortgage Eligibility for Borrowers Previously Affected by COVID-19
FHA announced new flexibility for lenders when qualifying borrowers who experienced previous employment gaps or loss of income due to the COVID-19 pandemic.
7 Jul 2022
New FHA Head Details Plans for More Affordable Housing and Foreclosure Prevention
Newly elected FHA commissioner Julia Gordon is on a mission to help people access and retain affordable housing.
28 Jun 2022
HUD and FHA Plan Events to Amplify Message During National Homeownership Month
HUD and FHA plan to hold a series of events throughout National Homeownership Month to align with the Biden-Harris initiative to increase homeownership.
2 Jun 2022
FHA Bids to Outmaneuver Investors in Favor of Underserved Buyers
FHA has announced a 30-day exclusive period to give underserved buyers and non-profits an opportunity to bid on foreclosed properties before investors.
16 May 2022
Julia Gordon Confirmed as FHA Commissioner
The U.S. Senate has confirmed Julia Gordon as commissioner of the Federal Housing Administration and assistant secretary of housing at the U.S. Department of Housing and Urban Development.
12 May 2022
FHA Adds 40-Year Mortgage Modification with Partial Claim to Home Retention Options for Struggling Borrowers
FHA has announced a 40-year mortgage modification available to servicers to help borrowers struggling with the effects of the pandemic.
18 Apr 2022