The Federal Housing Administration (FHA) this week announced two temporary policy waivers as the response to hurricanes Helene and Milton continues. The FHA’s 203(k) rehabilitation mortgage program ...
The Federal Housing Administration (FHA) announced late last week that the previously detailed updates and expansions to its 203(k) Rehabilitation Mortgage Insurance Program will be incorporated into ...
The Federal Housing Administration (FHA) recently finalized enhancements to its 203(k) rehabilitation mortgage loan program in Mortgagee Letter 2024-13. This action follows the FHA proposing ...
Five years of COVID-era relief for federally-insured mortgages has helped millions of American homeowners retain their properties, while artificially inflating home prices and leading to the potential ...
Long-awaited updates to the U.S. Department of Housing and Urban Development’s (HUD) 203(k) program have been announced. Not only will home-rehabbers have more money to work with to make upgrades, but ...
Lenders and servicers have entire sets of policies and procedures based on the Federal Emergency Management Agency (FEMA) declaring an emergency in a given area. President Trump says FEMA should be ...
Mortgage rates are the interest rates charged on home loans. When mortgage rates are lower, borrowers pay less money in interest over the course of their home loan. These rates can be significantly ...
A viral video circulating online claims that homebuyers of fixer uppers can pause their mortgage payments for 12 months.
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 ...
The Department of Housing and Urban Development is selling more due-and-payable HECMs on homes that are occupied while ...