The program would allow struggling homeowners to keep their existing interest rate and reduce their monthly payment temporarily, using funds from the FHA Partial Claim. Legal expert says National ...

The “Tiny Home” movement is interesting, but 84 square feet? That is enough to store my Hot Wheels, Match Box, and slot car collections. Am I thinking about this the wrong way? We sure have had a lot ...

The rule, originally proposed in March 2023, takes into consideration stakeholder comments. The agency will publish a Mortgagee Letter (ML) in the near future outlining how this new rule will be ...

The Obama Administration has announced adjustments to Home Affordable Modification Program (HAMP) and Federal Housing Administration (FHA) programs. These program adjustments will better assist ...

On October 31, the Federal Housing Administration (FHA) announced, after a multi-year effort, the inclusion of policies for its Home Equity Conversion Mortgage (HECM) program in the Single-Family ...

The Federal Housing Administration once helped finance thousands of loans for manufactured housing. An effort to restart that program would help millions of Americans afford their own homes, writes ...

Today, as part of its ongoing commitment to continuously improve housing relief efforts, the Obama Administration announced adjustments to the Home Affordable Modification Program (HAMP) and created a ...

The Federal Housing Administration (FHA) recently proposed enhancements to its 203(k) rehabilitation mortgage loan program. The proposed enhancements are set forth in a draft Mortgagee Letter. FHA ...

Nine months after requesting input from the industry, the Federal Housing Administration (FHA) issued a proposal on Wednesday to enhance its rehabilitation program. The updates include increases in ...