Minority banks and mortgages
How MDIs power the American dream amid an affordability crisis.
Tag: FHA
ABA: More research needed on BNPL financing in housing
HUD should continue to study "buy now, pay later" financing and its potential effects on consumers and FHA-insured mortgage programs, ...
FHA, VA sunset certain home loan-related policies
At FHA, policies for CWCOT, REO properties are reversed, while the VA provided info for mortgage servicing following the end ...
Trump administration eliminates FHA-loan eligibility for non-permanent residents
FHA announced that non-permanent residents are no longer allowed to access FHA-insured mortgages, part of a broader effort by the ...
FHA rescinds reconsideration of value policies on appraisals
The FHA issued a mortgagee letter rescinding three appraisal policies concerning fair housing considerations, part of what the agency said ...
ABA mortgage advocacy update: Feb. 4, 2025
ABA continues its advocacy efforts on multiple issues that impact mortgage lending. Here is a rundown of important recent activities.
HUD announces updates to loss mitigation options for borrowers
HUD announced a set of permanent options for mortgage servicers to help borrowers with Federal Housing Administration-insured single-family mortgages keep ...
ABA, groups urge FHA to improve loss mitigation options for borrowers
ABA and several industry and consumer groups are asking FHA to extend the expiration date for pandemic-related protections for borrowers ...
FHA extends deadline for lenders to report cybersecurity incidents
FHA announced that approved lenders will have 36 hours to report a cybersecurity incident to HUD instead of 12 hours, ...
FHA extends compliance deadline for face-to-face requirement for borrowers in default
FHA has extended by six months the compliance deadline for a new rule removing the face-to-face meeting requirement for certain ...
