A bipartisan group of House lawmakers is pushing a new housing agenda built around a simple premise: Washington should use federal policy to make it easier to build more homes, reduce construction costs and expand access to housing finance. The 40-member Build America...
The Federal Housing Administration has opened its modernized UAD 3.6 appraisal process to approved lenders, moving the agency beyond the controlled beta that had limited use of the new format. FHA-approved lenders participating in Title II forward mortgage and Home...
The Federal Housing Administration is now testing the mortgage industry’s redesigned appraisal-data standard in its production environment, putting FHA lenders into the next phase of a transition that is already much further along at Fannie Mae and Freddie Mac. FHA’s...
Homebuyers using Uplist’s property-payment tools can now see a zero-down FHA financing scenario alongside standard mortgage options before submitting personal information or undergoing a credit pull. Uplist has integrated financing estimates from Arcasa into the...
The Federal Housing Administration is moving to rewrite property standards that it says have gone more than two decades without a comprehensive update, opening a potentially consequential change for FHA borrowers, lenders, appraisers and sellers. FHA on Sept. 22...