FHA Single Family Housing

FHA Announces Policy Changes to Address Risk & Strengthen Finances: FHA Commissioner David Stevens has announced a set of policy changes to strengthen the FHA’s capital reserves, while enabling the agency to continue to fulfill its mission to provide access to homeownership for underserved communities. Read the press release.

HUD Takes Action to Speed the Sale of Foreclosed Properties to New Owners:
HUD Secretary Shaun Donovan has announced a temporary policy that will expand access to FHA mortgage insurance & allow for the quick resale of foreclosed properties. Read the press release and the property flipping waiver.

New RESPA Info: Find out about the new RESPA regulations that take full effect on 01/01/10. Also see the new RESPA handbook, FAQs, & forms. Learn more...

FHA Publishes Guidance on Condominium Processing: FHA Mortgagee Letters 2009-46A & 2009-46B published on 11/09/09 provide updated guidance on condominium processing & project approval.

FHA Issues Guidance on Appraisals: FHA has delayed the implementation date for the new requirements in ML 2009-28 & 2009-51. Learn more.

Foreclosure Rescue Scams Targeted: Federal, state partners announce multi-agency crackdown targeting foreclosure scams & modification fraud. Read the press release, Download the brochure. Visit: www.makinghomeaffordable.gov

FHA's Lender Insurance Program: FHA's Lender Insurance Program (LI) enables high-performing lenders to process FHA loans easier & more efficiently. LI lenders are better able to expand the availability of affordable FHA financing for potential homebuyers. Find out more.