The U.S. Department of Housing and Urban Development (HUD) has updated its policies for wind and named storm insurance coverage required for multifamily properties financed with a Federal Housing Administration (FHA)-insured mortgage. According to HUD, the updates are...
The National Association of Realtors (NAR) and the Mortgage Bankers Association (MBA) sent a letter to the Federal Housing Finance Agency, Federal Housing Administration, Fannie Mae, and Freddie Mac requesting confirmation that homebuyers can continue to access...
The Federal Housing Administration (FHA) announced new loan limits for its Title I Manufactured Home Loan Program, which marks the first time since 2008 that the loan limits are being increased. Effective for FHA case numbers assigned on or after March 29, the new...
The U.S. Department of Housing and Urban Development (HUD) has announced its Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Program, which is designed to preserve and revitalize manufactured housing and manufactured housing communities....
The Federal Housing Administration (FHA) is rolling out a new loss mitigation home retention option aimed at delinquent borrowers with FHA-insured single-family forward mortgages. The new option is called the Payment Supplement and it allows mortgage servicers to...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
