Britney Crawford, James Wright Jr. On March 19, 2025, the Federal Housing Administration (FHA) issued Mortgagee Letter (ML) 2025-08 titled “Rescinding Multiple Appraisal Policy Related Mortgagee ...
The Federal Housing Administration this week extended its current rules regarding condominium lending as it continues to work on permanent updates. In a new mortgagee letter, the FHA implemented an ...
The Federal Housing Administration is getting ready to implement new rules that could, in some cases, make it harder to get a mortgage to buy a condominium unit. The new rules were supposed to take ...
Some of the major players in the mortgage market continue to tweak their loan programs, both to reduce risk in their portfolios and to cure their shattered financial condition. The Federal Housing ...
WASHINGTON - You may have seen headlines last week about the Federal Housing Administration needing a taxpayer "bailout" by the Treasury and wondered: Uh oh. Is the FHA heading down the fiscal drain ...
WASHINGTON - Thousands of condo unit owners and buyers around the country could soon be in line for some welcome news on mortgage financing: Though officials are mum on specifics, the Federal Housing ...
New federal rules now prevent non-permanent U.S. residents from getting FHA-backed home loans, leaving many immigrant families without financing options. While most lenders are stepping back, First ...
Here's some encouraging news for condominium unit owners, sellers and buyers: The biggest source of funding for low-down-payment condo mortgages, the Federal Housing Administration, has revamped ...
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