Tag Archives: Federal Housing Administration (FHA)

“HUD is committed to making the appraisal process fair nationwide. We must eliminate bias in home valuations so that everyone can equally reap the benefit of wealth—and intergenerational wealth—that come along with homeownership,” said HUD Secretary Marcia L. Fudge.

A new repayment plan will allow mortgage servicers to offer homeowners impacted by COVID-19 up to five years to repay past-due property charges.

The maximum loan limits for FHA forward mortgages will rise in 3,222 U.S. counties next year, while in just 12 counties, loan limits will remain unchanged.

“I’m so proud of FHA’s work to make homeownership possible for our nation’s underserved households and communities,” said Federal Housing Commissioner Julia R. Gordon.

New research from HUD reveals the policy implications regarding small-dollar mortgages, which comprised less than 3.5% of overall home purchase originations in 2020.

Updated FHA guidance to provide flexibility for lenders when calculating “effective income” for borrowers with previous COVID-related employment gaps or loss of income.

As June recognizes National Homeownership Month, Chris Garagusi of Enact details ways that lenders can help borrowers find their way in a challenging and confusing housing market.

HUD has announced plans to prioritize its goal of advancing equity for all and addressing the need for affordable housing nationwide.

In November, the Federal Housing Finance Agency announced its annual change to the conforming loan limit for loans purchased by Fannie Mae and Freddie Mac (GSEs). For 2022, it was announced that the limit increased by 18% to $647,200, ...

On the eve of the expiration date protecting Americans from COVID-related foreclosures and evictions, the FHA and FHFA have extended measures to keep those at-risk safely and securely housed through September 30, 2021.