MBA sent the Department of Housing and Urban Development a letter urging the agency to consider some recommended updates to its FHA Multifamily Accelerated Processing program to lower housing costs and boost housing supply.
Tag: FHA
MBA Statement on FHA’s Adoption of New Loss Mitigation Safeguards
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on the Federal Housing Administration’s (FHA) adoption of new loss mitigation safeguards.
Chart of the Week: Top 8 FHA Homebuilder Originators
The headwinds facing mortgage transactions continued unabated in 2024 as home prices reached new record highs while the 30-year mortgage rate rose back over 7%. One sector that effectively dealt with these impediments was the homebuilders.
MBA, Other Groups Send FHA Letter on Loss Mitigation Update Recommendations
The Mortgage Bankers Association, along with a number of other trade groups, sent a letter to FHA on its November 2024 proposal on loss mitigation updates to its Servicing Handbook.
FHA Extends Foreclosure Moratoriums for Borrowers Affected by Hurricanes Helene, Milton
The Federal Housing Administration on Friday extended the foreclosure moratoriums in connection with Hurricanes Helene and Milton through April 11, 2025.
FHA Revises Cyber Incident Reporting Requirements
The Federal Housing Administration on Monday updated its requirements for cyber incident reporting.
HUD Announces 2025 Loan Limits
The Federal Housing Administration on Tuesday announced new loan limits for calendar year 2025 for its Single-Family Title II forward and Home Equity Conversion Mortgage insurance programs.
Industry Briefs, Oct. 16, 2024
Industry news from Candor Technology, A&D Mortgage, FHA and Calque.
FHA Releases New Draft ML on Cyber Incident Reporting; Letter Includes Adjustments Closer to MBA Suggestions
The Federal Housing Administration posted a new draft Mortgagee Letter: Revised Cyber Incident Reporting Requirements on its Single-Family Housing Drafting Table.
FHA Seeks Feedback on Proposal to Modernize Engagement with Borrowers in Default By Sept. 13
The Federal Housing Administration on Wednesday posted a draft Mortgagee Letter about modernizing engagement with borrowers in default. The agency seeks review and feedback.