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FHA Extends Foreclosure Moratoriums in Hurricane Impacted Areas

FHA Extends Foreclosure Moratoriums in Hurricane Impacted Areas

by Phil Hall | Apr 8, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Housing and Urban Development (HUD) Secretary Scott Turner announced the Federal Housing Administration (FHA) is extending its foreclosure moratoriums on FHA-insured single-family mortgages in areas impacted by Hurricanes Helene and Milton by an additional 90 days....
Residency Requirements Changed on FHA-Insured Mortgages to Shut Out Illegal Immigrants

Residency Requirements Changed on FHA-Insured Mortgages to Shut Out Illegal Immigrants

by Phil Hall | Mar 27, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Housing and Urban Development (HUD) Secretary Scott Turner announced residency requirements for Federal Housing Administration (FHA)-insured mortgages were changed to eliminate the “non-permanent residents” category from the Title I and Title II programs. In a...
FHA Extends Foreclosure Moratoriums in Hurricane Impacted Areas

FHA Union Claims Workplace Layoffs are Imminent

by Phil Hall | Mar 5, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The union representing employees at the Federal Housing Administration (FHA) is claiming the agency’s workforce could be one of the next targets of the Trump administration’s mass layoffs within the Executive Branch. In an interview with CNBC, Antonio Gaines,...

HUD Announces Settlement with PHH Mortgage Corporation Over Improper Fees

by Phil Hall | Jan 14, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The US Department of Housing and Urban Development (HUD) announced a settlement with PHH Mortgage Corporation to resolve allegations that the company violated Federal Housing Administration (FHA) requirements by charging fees to borrowers when the borrower made a...
Better.com Unveils FHA Streamline Refinance Product

Better.com Unveils FHA Streamline Refinance Product

by Phil Hall | Sep 9, 2024 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Better Home & Finance Holding Company (NASDAQ: BETR), also known as Better.com, has rolled out its FHA Streamline Refinance program. According to the New York City-headquartered company, the product is designed to streamline the process for qualified borrowers...
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