The Federal Housing Administration said today that the capital ratio for its mortgage insurance fund has reached 2.07 percent — the first time since 2008 that the fund has reached the congressionally mandated 2 percent level
The FHA in a letter today announced that effective immediately, it will loosen restrictions for one year on agency-backed condo loans while longer-term rules are established.
The Federal Housing Administration today announced that it will finance single-family home loans for energy-efficiency retrofitting, provided those loans preserve payment priority for first-lien mortgage holders.
ABA today issued a bank members-only staff analysis of the Federal Housing Administration’s proposed rule limiting the window under which an FHA-approved lender would be able to file a mortgage insurance claim.
The Federal Housing Administration yesterday proposed a rule that would limit the window under which an FHA-approved lender would be able to file a mortgage insurance claim.
First Tennessee Bank admitted to originating and underwriting loans that were not eligible for Federal Housing Administration insurance.