Browsing: FHA

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.

Mortgage

The Federal Housing Administration said today that the capital ratio for its mortgage insurance fund has reached 2.32 percent, a reflection of continued improvements in the housing market and the second year in a row since 2008 that the fund has reached the congressionally mandated 2 percent level.