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...
The agency has finally put a date on one of the biggest changes to FHA mortgage credit scoring in decades. Beginning Jan. 1, lenders will be able to use VantageScore 4.0 and FICO Score 10T alongside Classic FICO for eligible FHA loans, but the implementation rules...
Mortgage professionals seeking new access to one of the Federal Housing Administration’s most important technology systems will soon have to prove they are who they say they are—and that will include submitting a selfie. Beginning September 14, new users of FHA...
Barings Buys $66.2 Million Orange County Retail Center as Grocery-Anchored …
