Browsing: FHA

Mortgage

The Federal Housing Administration today announced a new option that allows FHA-insured homeowners whose homes were damaged by recent natural disasters to remain in their homes, and also reduces losses that would otherwise negatively affect FHA’s mutual mortgage insurance fund.

Mortgage

Housing and Urban Development Secretary Ben Carson signaled today that the administration may revisit an Obama-era policy on Property Assessed Clean Energy, or PACE, loans, a controversial financial product that allows homeowners to pay for energy-efficient retrofitting — such as solar panels and high-efficiency air conditioners — through their property tax assessments.

Mortgage

In one of its first actions after the inauguration on Friday, the Trump administration suspended a previously announced reduction in mortgage insurance premiums paid by borrowers with new Federal Housing Administration-insured mortgages and refinances.

Mortgage

For the second straight year, the Department of Housing and Urban Development will cut the mortgage insurance premiums paid by borrowers with new Federal Housing Administration-insured mortgages and refinances.