The Federal Housing Administration (FHA) is seeking industry feedback on a proposed update to its Home Equity Conversion Mortgage (HECM) assignment claims eligibility policy. Under current program requirements, mortgage servicers can assign a HECM to the U.S....
A trade group enduring a surplus of grief, a central bank that stopped punishing the public and a billionaire’s adieu to the Pacific Northwest. From the wild and wooly world of real estate, here are the hits and misses for the week of Oct. 30 to Nov. 3. Miss: NAR at a...
The Federal Housing Administration (FHA) has extended its disaster-related foreclosure moratorium in Hawaii’s Maui County through May 6, 2024, for borrowers with FHA-insured single-family mortgages, including seniors with Home Equity Conversion Mortgages. FHA...
The Federal Housing Administration (FHA) has published updated appraisal requirements for the valuation of manufactured homes certified under Fannie Mae’s MH Advantage and Freddie Mac’s ChoiceHome programs. According to the FHA, the updates align appraisal...
The Federal Housing Administration (FHA) is seeking feedback on proposed policy updates to its Home Equity Conversion Mortgage (HECM) program. According to an announcement issued by the U.S. Department of Housing and Urban Development (HUD), the proposed updates are...