HUD yesterday extended the moratorium on FHA single-family foreclosures and evictions through Mar. 31.
Tag: FHA
FHA to Permit DACA-Status Recipients to Apply for FHA-Insured Mortgages
HUD said this morning it will permit individuals classified under the “Deferred Action for Childhood Arrivals” program (DACA) with the U.S. Citizenship & Immigration Service and are legally permitted to work in the U.S. to apply for mortgages backed by FHA.
FHA to Permit DACA-Status Recipients to Apply for FHA-Insured Mortgages
HUD said yesterday it will permit individuals classified under the “Deferred Action for Childhood Arrivals” program (DACA) with the U.S. Citizenship & Immigration Service and are legally permitted to work in the U.S. to apply for mortgages backed by FHA.
Housing Market Roundup, Jan. 4, 2021
We hope you had an enjoyable holiday break. Here is a summary of some reports that came out over the holidays:
Industry Briefs Dec. 23, 2020
The Federal Housing Administration announced completion of its revised and streamlined loan-level certification form required from lenders when originating a single-family mortgage intended for FHA insurance endorsement.
Industry Briefs Dec. 21, 2020
New American Funding, Tustin, Calif., launched a mentorship program to help team members develop professionally. New American Funding’s “360 Mentorship Program” matches an internal leader with another employee who is pursuing career advancement.
MBA: 3Q Commercial/Multifamily Mortgage Debt Up 1.5%
Commercial/multifamily mortgage debt outstanding rose by $57.0 billion (1.5 percent) in the third quarter, the Mortgage Bankers Association reported this morning.
Dealmaker: NorthMarq Arranges $104M in Multifamily Refis
NorthMarq’s Chicago office arranged $103.5 million to refinance six multifamily assets in Iowa, Missouri and Indiana.
FHA Follows Suit, Raises Single-Family Loan Limits for 2021
As expected, the Federal Housing Administration yesterday matched Fannie Mae and Freddie Mac in its single-family and Home Equity Conversion Mortgage insurance programs for 2021.
Industry Briefs Oct. 23, 2020
Black Knight Inc., Jacksonville, Fla., launched a Customer Service platform that provides an enhanced customer service experience for both customer service representatives and consumers.