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 “non-U.S. citizens without lawful residency in the U.S. are not eligible for FHA-insured mortgages.”

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 loan volumes declining, does your shop have plans to enter the non-QM lending market in 2019?

Yes, definitely. A solid move forward.
Yes, but only incrementally.
We’re pondering a move into non-QM, but haven’t made up our mind.
No, definitely not. We view it has too risky.

vote to see results