FHA Mitigates Risk in Portfolio FHA announced changes to the Technology Open to Approved Lenders Scorecard for mortgages with case numbers assigned on or after March 18, 2019.
FHA Eliminates Inspector Roster The Federal Housing Administration (FHA) officially eliminated the FHA Inspector Roster.
NAR Urges HUD to Release Condo Rules NAR asked HUD's Secretary to release the final FHA condominium rules.
USDA Issuing Conditional Commitments Again USDA has temporarily set-up a team dedicated solely to processing rural development loans.
Updates on the VA Loan Program The Department of Veteran’s Affairs (VA) released an interim final rule addressing changes to VA guaranteed or insured cash-out home refinance loans.
FHA Announces 2019 Loan Limits FHA released its 2019 Loan Limits, effective January 1, 2019. FHA will also increase its "floor" to $314,827 from $294,515.
NAR Leads Support for Confirmation of HUD Appointees NAR leads support for the confirmation of HUD appointees Seth D. Appleton and Michael Bright.
Congress Extends Definition of Rural Congress passed legislation to extend the definition of "rural" for the purposes of rural housing programs, through the 2030 census.
Black Homeownership Gap NAR is supporting and joining efforts initiated by NAREB and the Urban Institute to address the low rate of African American Homeownership.
FHA's Releases 2018 Report to Congress FHA released its Annual Report to Congress on the financial health of the FHA Mutual Mortgage Insurance Fund for Fiscal Year (FY) 2018.
Proposed Changes to Rural Housing Loans The USDA Rural Housing Service (RHS) released proposed changes to the single-family direct and guaranteed loan and grant programs.
HUD Extends Hurricane Maria Foreclosure Moratorium... FHA has once again extended the foreclosure moratorium for borrowers in Puerto Rico and the U.S. Virgin Islands affected by Hurricane Maria.
NAR letter on VA Home Loans NAR sent a letter to the Senate Veterans Affairs Committee for their hearing on pending legislation.
HUD Approves Puerto Rico Recovery Plan HUD announced approval of Puerto Rico’s $1.5 billion disaster recovery plan to address damage from Hurricanes Irma and Maria.
USDA Proposes Technology Fee The proposed fee would be used to improve USDA and RHS technology for the agency's automated guaranteed loan systems.
Davis Nominated as HUD Inspector General President Trump nominated Rae Oliver Davis to be Inspector General of the Department of Housing and Urban Development (HUD).
USDA Loan Income Limits The US Department of Agriculture (USDA) released the income limits for Direct and Guaranteed Rural Housing Loans for 2018.
USDA Extends Foreclosure Moratorium The USDA extended the Presidentially-Declared Disaster Areas foreclosure moratorium for areas affected by Hurricane Maria.
Housing Opportunity Program Programs, grants, trainings, and resources that help REALTORS® and REALTOR® associations expand housing availability and homeownership opportunities.
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