Federal Housing Administration
Latest Posts
HUD Releases New Condo Rules for Reverse Mortgages
Sep 26, 2019The U.S. Department of Housing and Urban Development (HUD) issued a new Mortgagee Letter (ML) late Thursday updating the origination requirement for FHA mortgages on condominium units, applicable to both the traditional, forward mortgage and reverse mortgage programs simultaneously. The letter provides additional clarification ahead of the rule’s implementation on October 15. “FHA published ML […]
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FHA Extends HECM Second Appraisal Rule, Expands Non-Borrowing Spouse Protections
Sep 23, 2019 -
HUD Secretary Gives HECM Update to Senate, House HECM Hearing Nears
Sep 11, 2019 -
Reverse Mortgage Industry Cautious About Trump HECM Proposals
Sep 09, 2019 -
Trump Housing Reform Plan Calls for HECM Program Improvements
Sep 05, 2019 -
Lower Interest Rates Quelling Effects of Oct. 2017 Reverse Mortgage Changes
Aug 22, 2019 -
HUD Issues Mortgagee Letter for Guidance on Condo Approvals
Aug 21, 2019 -
RMD Report: Reverse Mortgage Industry Sees Big Potential in New Condo Rule
Aug 21, 2019 -
FHA Proposes Further Revisions to Annual Lender Certification
Aug 16, 2019 -
Updated: FHA Eases Condo Rules, Expanding Reverse Mortgage Market
Aug 14, 2019 -
New HUD Cash-Out Refi Rules Aim to Reduce Borrower Risk
Aug 01, 2019 -
FHA Financial Assessment Appears to Be Working, Data Suggests
Jun 27, 2019
