Dr. Ben Carson, Secretary of the Department of Housing and Urban Development, appeared on CNBC's Squawk Box this morning to discuss changes to the False Claims Act. Read through to learn what Carson addressed and how it will impact your business.
Read More »Lenders Discuss HUD, FHA’s New Condo Approval Policies
Reverse Mortgage Daily reported that lenders agree that the new condominium approval process announced by the Department of Housing and Urban Development (HUD) and the FHA will expand ...
Read More »FHA Announces New Financing Policies for Condos
The Federal Housing Administration (FHA) announced on Wednesday new regulations and policies for the condominium approval process, aimed to help affordability for first-time buyers. New rules and the ...
Read More »House Committee Briefed on FHA Distressed Assets Program
Maxine Waters, Congresswoman and Chairwoman of the House Financial Services Committee, said the Federal Housing Administration (FHA) “acted in haste” in its creation of the Distressed Asset Stabilization ...
Read More »HUD, FHA Partner to Reduce Risks From Refis
The U.S. Department of Housing and Urban Development (HUD) announced initiatives to reduce associated risks with cash-out refinance lending. Changes are aimed to help preserve the homeowners’ ability ...
Read More »FHA Loans Could Cost Less for Homebuyers
A recent bill passed by the House could help first-time buyers, especially from low-income households, save costs of homeownership. Here’s how.
Read More »The FHA and Clarifying Lenders’ False Claims Act Liability
As the FHA looks to woo back lenders, an analysis makes a case for what the agency must do to address its rules under the False Claims Act to ensure they come back to its fold.
Read More »Home Equity Conversion Mortgages—On the Rise
A new report outlines April endorsements for home equity conversion mortgages. Click through to see how this sector is performing.
Read More »FHA Commissioner Montgomery: HECM Program on the Right Track
Speaking at a recent industry event, Montgomery called himself “cautiously optimistic” about the results of recent corrective actions within the HECM program.
Read More »Mortgage Loans Closing Faster
One factor in particular might be helping lenders reduce their closing time on loans. But what is ensuring that the closing rates remain high?
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