The rule, originally proposed in March 2023, takes into consideration stakeholder comments. The agency will publish a Mortgagee Letter (ML) in the near future outlining how this new rule will be ...
The program would allow struggling homeowners to keep their existing interest rate and reduce their monthly payment temporarily, using funds from the FHA Partial Claim. Legal expert says National ...
Today, as part of its ongoing commitment to continuously improve housing relief efforts, the Obama Administration announced adjustments to the Home Affordable Modification Program (HAMP) and created a ...
Nine months after requesting input from the industry, the Federal Housing Administration (FHA) issued a proposal on Wednesday to enhance its rehabilitation program. The updates include increases in ...
On October 31, the Federal Housing Administration (FHA) announced, after a multi-year effort, the inclusion of policies for its Home Equity Conversion Mortgage (HECM) program in the Single-Family ...
The Federal Housing Administration once helped finance thousands of loans for manufactured housing. An effort to restart that program would help millions of Americans afford their own homes, writes ...
HUD FOIA response reveals FHA collects no citizenship/residency data on loan apps, raising enforcement questions.
The Federal Housing Administration yesterday said that after less than two months it is relaxing terms of a program designed to help troubled mortgage borrowers because so far the effort has not been ...