The U.S. Department of Housing and Urban Development (HUD) announced Monday the availability of $10 million…
Tag: FHA
Open Mortgage has FHA direct endorsement authority terminated in Iowa
The U.S. Department of Housing and Urban Development (HUD) has terminated the Federal Housing Administration (FHA)…
HECM study assesses financial impacts of program over 20 years
A study commissioned by the U.S. Department of Housing and Urban Development (HUD) Office of Policy…
HUD announces relief for Texas disaster victims
The U.S. Department of Housing and Urban Development (HUD) announced this week that it is extending…
HECM study examines borrower trends over two decades
A study commissioned by the U.S. Department of Housing and Urban Development (HUD) Office of Policy…
FHA amends identifier requirement for lenders, other entities seeking government business
The Federal Housing Administration (FHA) this week published a mortgagee letter (ML) amending a 2022 requirement…
The month in reverse mortgage rates: May 2024
In March, we explored the difference between Home Equity Conversion Mortgage (HECM) “expected rates” and “note…
Assumable mortgage platform Roam partners with national lender on down payment assistance
New York-based assumable mortgage platform Roam rolled out a new partnership with national lender Spring EQ…
FHA extends foreclosure moratorium on Hawaiian island of Maui
The Federal Housing Administration (FHA) on Friday published Mortgagee Letter 2024-08, which extends a foreclosure moratorium…
Reverse mortgage professionals react to H4P rule changes
After the release of proposed new rules for the Home Equity Conversion Mortgage (HECM) for Purchase…