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Home » FHA

Articles Tagged with ''FHA''

FHA Revises Rules on Dual Employment, Raises Industry Concerns

December 22, 2022
Monica Hogan
Real estate agents can now also act as loan officers on the same single-family mortgage transaction. But smaller lenders worry that larger competitors will wipe out referral business by hiring dual-purpose employees.
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Industry Backs FHA’s Plan to Index Manufactured Home Loan Limits

December 22, 2022
Monica Hogan
Under FHA’s index approach, loan limits would be based on a yearly analysis of prices and Census bureau property data.
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Around the Industry

December 22, 2022
Monica Hogan
Senate passes VA home loan benefit legislation; FHA allows HECM property charges repayment plan; FHA lenders can continue face-to-face interview alternatives; VA releases new loan review API; and more.
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A Sea Change: FHA Clears the Way for Dual Roles on the Same Loan. RESPA?

December 22, 2022
Monica Hogan
However, lender employees with a direct impact on a mortgage approval decision may not have multiple roles on FHA deals...
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Brokers, Lenders Question FHA Revisions on Dual Employment

December 22, 2022
Monica Hogan
The FHA has clarified when individuals can perform multiple roles in a single FHA-insured transaction. Some believe it’s a market-altering move.
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Loans in Ginnie Pools Not Always Insured, HUD OIG Says

December 22, 2022
Monica Hogan
Not knowing whether its pooled loans are insured puts Ginnie at increased financial risk, the inspector general’s report said.
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Academy Mortgage Settles FCA Case Brought by Whistleblower

December 16, 2022
Monica Hogan
Thrower, as the whistleblower plaintiff who brought the allegations to light, will receive roughly $11.5 million...
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Investors Crowding Out Would-Be Homebuyers, Advocates Say

December 16, 2022
Monica Hogan
Institutional investors are increasingly scooping up affordable single-family homes, creating an unlevel playing field for low-income first-time homebuyers, affordable housing advocates said at a recent HUD event.
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Industry Bats Around Permanent Loss-Mitigation Ideas

December 15, 2022
Monica Hogan
Streamlined refis worked well as a loss-mitigation tool during the pandemic, but aren’t a solution in a rising interest-rate environment.
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Omnibus Spending Package Could Pass by End of Next Week

December 15, 2022
Monica Hogan
The timing of an FHA mortgage insurance premium cut could rest on how soon Congress passes a fiscal 2023 federal budget.
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