Advanced Search

July 19, 2018

The Mortgage Industry May Have a DACA Problem. FHA Says Don't Make Loans to Illegals

By George Brooks

A HUD spokesman told this news organization that ďnon-U.S. citizens without lawful residency in the U.S. are not eligible for FHA-insured mortgages.Ē

Read the full article when you register for your FREE IMFnews account.

Free Registration

IMFnews articles are available only to registered users. Sign up to get free access to all IMFnews articles and the daily email alert.

Already Registered?

If you have an existing account with Inside Mortgage Finance, please login below.

Forgot your password?

Poll

With mortgage production down noticeably this year from 2017, how many lenders might disappear via M&A or failure during the next 12 months?

10% or less. It’s not that bad out there.

17%

11% to 25%. It’s a challenging market.

48%

25% to 40%. It’s going to be very ugly.

24%

No opinion.

11%