Federal Housing Administration (FHA) loans are a popular choice for first-time homebuyers and other borrowers who, for a variety of reasons, may have a hard time qualifying for a conventional home ...

Five years of COVID-era relief for federally-insured mortgages has helped millions of American homeowners retain their properties, while artificially inflating home prices and leading to the potential ...

The U.S. Department of Housing and Urban Development (HUD) recently announced in Mortgagee Letter 2023.13 that lenders must use the Supplemental Consumer Information Form (SCIF) of Fannie Mae and ...

Decrease was due to a decline in both purchase and refinancing activity, driven by the rise of interest rates. During its first quarter of fiscal year (FY) 2023, which ended Dec. 31, 2022, the Federal ...

The Federal Housing Administration (FHA) on Thursday announced that it has issued a waiver to a requirement that FHA-approved lenders flag rejected loans in the FHA Connection (FHAC) system, an effort ...

An FHA cash-out refinance lets homeowners trade out their current mortgage for a new one and get cash back at closing, but only if they have enough home equity and meet the loan requirements set by ...

The Federal Housing Administration (FHA) on Wednesday published Mortgagee Letter (ML) 2024-18, which implements updates to debenture interest rates and reimbursements for Home Equity Conversion ...