Tag Archives: mortgage insurance

FHA Offers Additional Relief to Borrowers in Disaster Areas

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.

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ABA: FHA Window on Insurance Claims Unworkable

The Department of Housing and Urban Development’s proposal limiting the window under which an FHA-approved lender would be able to file a mortgage insurance claim is unworkable and should be withdrawn, ABA wrote in a comment letter Friday. Under the proposal, lenders would be required to file a claim within three months of securing title to a home post-foreclosure or ...

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