FHA Seeks Input on 203(k) Rehab Mortgage Insurance Program

The Federal Housing Administration last week published a Request for Information in the Federal Register seeking public comments on ways it can enhance its Single-Family 203(k) Rehabilitation Mortgage Insurance Program.

FHA Proposes 40-Year Loan Modification Rule

The Federal Housing Administration on Friday published a proposed rule that would increase the maximum modification loan term limit from 360 months (30 years) to 480 months (40 years).