The U.S. Department of Housing and Urban Development (HUD) has announced three initiatives focused on affordable housing creation. HUD has teamed with the U.S. Department of the Treasury on new actions designed to ensure greater interest rate certainty for state and...
The U.S. Department of Housing and Urban Development (HUD) has proposed a new rule to govern the sale of seriously delinquent single-family mortgage loans insured by the Federal Housing Administration (FHA). The proposed rule includes changes made during a...
The Federal Housing Administration (FHA) has updated its 203(k) Rehabilitation Mortgage Insurance Program that provides financing for renovating or rehabilitating single-family homes. FHA offers two variations of the 203(k) program: the Standard 203(k) for substantial...
The Federal Housing Administration (FHA) published translated versions of 19 single family mortgage documents used in the servicing of FHA-insured mortgages. The documents are available in Chinese, Korean, Spanish, Tagalog, and Vietnamese on the FHA website. The...
The Federal Housing Administration (FHA) is extending its foreclosure moratorium for borrowers with FHA-insured mortgages in Maui County, Hawaii, through Jan. 1, 2025. The extension will provide homeowners impacted by the August 2023 wildfires with more time to obtain...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
