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Delinquencies are on the rise for FHA-backed loans, with nearly 10% of low-credit borrowers in early payment default. Economists and policy experts say this could signal trouble ahead for other credit products.
October 28 -
But a cooling housing market opened up buying opportunities for some and helped drive the share of FHA-backed purchases upward for the first time in a year, according to new Attom research.
October 21 -
The agency is currently using upper ceilings set in the Housing and Economic Recovery Act of 2008.
October 18 -
But those looking for news about a possible reduction in the mortgage insurance premium are still waiting.
September 30 -
The Federal Housing Administration also announced it would incorporate similar borrower history into its underwriting beginning at the end of October.
September 27 -
In a letter addressed to the heads of the agency and of Ginnie Mae, the association asked them to consider recommendations made by a former government housing policy leader.
August 26 -
The way the Federal Housing Administration is funded and constrained by laws, rules and other operational limitations is analogous to the FHA living in the horse-and-buggy era in an age when we are starting to see driverless cars, writes the executive director of the Community Home Lenders Association.
August 8Community Home Lenders of America -
The vote was 51-50 in favor, with Vice President Kamala Harris breaking a tie as opposition by Republicans continued.
May 12 -
The borrower sent bogus documents to a settlement company claiming a $111K lien was satisfied to complete a sale.
January 28 -
Eleven other defendants participated in the elaborate scam, which led to approval of unqualified buyers and numerous defaults of FHA-backed mortgages.
January 24