Two Houston-area residents face federal charges over an alleged mortgage fraud scheme involving falsified financial records submitted to lenders, according to an indictment publicized by the Justice Department on October 19.Federal prosecutors identified the...
The Federal Housing Administration will now insure financing for qualifying build-to-rent communities made up of detached houses, duplexes and triplexes, opening two established multifamily loan programs to rental developments that previously faced restrictions...
The Federal Housing Administration has rewritten how lenders determine the controlling credit score on an FHA loan when more than one scoring model is submitted, settling a consequential underwriting question ahead of the agency’s January 1 transition to...
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...
Extra Space Storage Posts 4.6% Same-Store NOI Growth, Reports $1.4 Billion …
