FHA is cutting annual mortgage insurance premiums, effective March 20. Lenders are seeking operational clarity on loans already in the origination pipeline.
FHA is taking comments through April 17 on a request for information on the barriers consumers and lenders face in accessing the FHA 203(k) rehabilitation mortgage program.
The Department of Housing and Urban Development announced an agreement with Louisiana that will free borrowers from debt related to a program meant to mitigate against hurricane risk post Katrina.
The Office of Inspector General found that the bandwidth on HUD’s virtual private network couldn’t accommodate all the employees who needed remote access during the pandemic.
The Department of Housing and Urban Development said it is exploring ways to boost greater access to mortgage credit for homebuyers seeking smaller mortgage loans.
The Senate last week approved $70 billion in budgetary resources for the Department of Housing and Urban Development as part of its fiscal 2023 appropriations package.