Provides mortgage moratoriums and home rehabilitation insurance. The Department of Housing and Urban Development (HUD) released disaster relief aid for the state of Florida, offering various flexibilities to…
Read MoreFederal Housing Administration
HUD Creates Separate Office for Manufactured Housing
The use of manufactured homes increasing to address affordable housing needs. The Department of Housing and Urban Development (HUD) announced the establishment of a new office to manage…
Read More
FHA-Insured Mortgage Premium Reduced
Vice President Harris announces the HUD measure while in Maryland. The Federal Housing Administration (FHA) announced that insurance premiums for FHA-insured mortgages will be reduced from 0.85 to…
Read More
FHA-insured Home Equity Conversion Mortgages Offer Flexibility
Grants homeowners relief on repaying reverse mortgage property charges. The Federal Housing Administration (FHA) has announced the implementation of the COVID-19 HECM Property Charge Repayment Plan. This plan…
Read More
FHA Delivers Annual Report to Congress
COVID-19 funds were distributed to one million homeowners under mortgage insurance program. The Federal Housing Administration (FHA) recently released its annual report to Congress. Key to the report…
Read More
HUD to Hold Young Adult Homeownership Meeting
Secretary Fudge will hold a virtual “house party” on November 1. Secretary of Housing and Urban Development (HUD) Marcia Fudge announced that she will be holding a virtual…
Read More
FHA Issues Green Mortgage Insurance Premium Guidance
Owners of care facilities are encouraged to adopt efficient and sustainable standards. The Federal Housing Administration (FHA) recently announced new guidances for upcoming changes to Mortgage Insurance Premiums…
Read More
FHA Lifts Some Temporary Transaction Underwritings
Rolls back measures put in place April 2020. On Monday, The Federal Housing Administration (FHA) announced that they would be removing temporary COVID-19 underwriting mitigants for multifamily transactions…
Read MoreFHA Extends Eviction Moratorium
Single-family housing foreclosures included in federal agency extension The Federal Housing Administration issued a notice on Friday announcing the extension of the moratorium on evictions through the end…
Read More
FHA Issues Waivers for Mortgage Processing
Allows for remote interaction rather than usual in-person contact. The Department of Housing and Urban Development announced waivers of certain provisions in the Federal Housing Administration to allow…
Read More