Federal Housing Administration (FHA) announced higher loan limits for 2021. The guidelines apply to the administration's Single Family Title II forward and Home Equity Conversion (reverse) Mortgage insurance ...
Read More »FHA Issues Pair of Partial Waivers
On Friday, the Federal Housing Administration (FHA) announced the issuance of two temporary partial waivers. This pair of waivers, which will apply directly to the Home Equity Conversion ...
Read More »FHA Announces New Automated Underwriting System for Lenders
The Federal Housing Administration (FHA) has launched a new automated underwriting system (AUS) for single family forward mortgages. The “FHA Catalyst: Single Family Origination Module –AUS” enables lenders ...
Read More »FHA Updates Forbearance Deadline
The Federal Housing Administration (FHA) and U.S. Department of Housing and Urban Development (HUD) today announced it is extending the date for single family homeowners with FHA-insured mortgages ...
Read More »FHA, Fannie, and Freddie Extend Eviction and Foreclosure Bans
UPDATE: The Federal Housing Administration (FHA) and HUD announced, shortly following FHFA's similar announcement, the third extension of its foreclosure and eviction moratorium through December 31, for homeowners ...
Read More »FHA Offers New Single-Family Appraisals Tool
The U.S. Department of Housing and Urban Development, by way of the Federal Housing Administration (FHA), this week announced the pending release of its FHA Catalyst: Electronic Appraisal ...
Read More »Dana Wade Confirmed as New Federal Housing Commissioner
She steps into the role previously held by the Hon. Brian Montgomery, who now serves as Deputy Secretary of HUD. The Senate confirmed her by a vote of 57-40.
Read More »FHA Amends Appraisal Guidelines
The Administration announced in a Mortgagee Letter that requirements would be relaxed through August.
Read More »HUD: Policy Regarding DACA Recipients ‘Has Never Changed’
Responding to claims by the House Financial Services Committee, the Department said the policy has been the same over the past three administrations.
Read More »FHA Reverses Current Policy on Mortgages in Forbearance
The new mortgagee letter recognizes borrowers impacted by COVID-19 that met all requirements set forth by the Administration before the pandemic.
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