RHS extends Section 502 subsidy pilot program; Rural Development seeks applications for 2023 community development program; FHA promotes 203(k) rehab loans; Nutter shutters; MBA names affordable homeownership advisory council members; Chase launches VA purchase closing cost benefit.

The event was intended to dispel myths, provide information and encourage first-time home ownership among millennials, Gen Z and minorities.

Ginnie Mae to ease seasoning requirements for reperforming loans, FHA proposes updating loan limits on its Title I manufactured home program, HUD proposes removing LIBOR for ARMs, and more news.

Despite a tough economic environment, FHA Commissioner Julia Gordon believes the administration is “making progress” to expand access to credit.

FHA is seeking comments through Dec. 5 on its request for information on barriers to small mortgage lending.

The Department of Housing and Urban Development has issued a 90-day moratorium on foreclosures of FHA mortgages, among other measures.

The approaching midterm elections have once again sparked debate on when the FHA will announce a reduction in insurance premiums. Will the Biden administration use an MIP cut to stoke Democratic support?

The regulator proposed a more standard, nationwide definition of “colonia” to make it easier for the enterprises and lenders to identify communities where their activities are eligible for credit under DTS.

FHA’s Title II program provides limits on the maximum loan amount but doesn’t set a floor...

Verified on-time monthly payments of $300 or more in the previous 12 months will be considered as positive rental payment history.