Tag Archives: Federal Housing Administration

The Federal Housing Administration's Mutual Mortgage Insurance Fund gained $19 billion in economic value during Fiscal Year 2015, pushing its capital ratio past the 2 percent threshold required by Congress, according to HUD’s annual report to Congress released Monday morning.

Mortgage applications for the week ending September 11, 2015 fell 7 percent from one-week prior, the Mortgage Bankers Association reported in their Weekly Mortgage Applications Survey.

The Federal Housing Administration and Fannie Mae recently launched programs that are designed to open credit to borrowers who would not be able to obtain a mortgage loan under normal circumstances.

The Federal Housing Administration (FHA) is preparing to tighten their loan requirements, which will make obtaining an FHA loan more difficult.

HUD and the Federal Housing Administration are urging homebuyers to have their homes inspected prior to purchasing to avoid unanticipated issues.

The Federal Housing Administration's proposed servicing reforms are limiting credit access to borrowers by altering the time frame for filing insurance claims.

The Federal Housing Administration announced Monday a new method that will be used to evaluate the lending practices of FHA-approved lenders and better understand the type of borrowers they are serving.

During his first year as the nation's top housing official, Castro has made several policy changes with the intent of increasing opportunity for more Americans to obtain affordable, sustainable housing. Several of those changes are outlined in an announcement from HUD on Monday including helping families and individuals secure quality housing, ending homelessness, and offering housing opportunities to all Americans.

While there has been a massive amount of conversation about the future roles of Fannie Mae and Freddie Mac, the conversation often fails to address what these GSEs' government mortgage programs do for the mortgage market. Urban Institute recently released a report, identifying how programs like the Federal Housing Administration, the Department of Veteran’s Affairs, and the Government National Mortgage Association impact the mortgage market.

In order to provide a clear time frame for claim payments, the Federal Housing Administration (FHA) recently announced its proposal to establish a maximum time period for lenders to file insurance claims. The FHA also intends to revise its policy on reimbursement of eligible expenses and debenture interest when foreclosure and claim filing deadlines are missed.