This type of mortgage lets you pay for a home and renovations with a single loan.

Britney Crawford, James Wright Jr. On March 19, 2025, the Federal Housing Administration (FHA) issued Mortgagee Letter (ML) 2025-08 titled “Rescinding Multiple Appraisal Policy Related Mortgagee ...

The Federal Housing Administration this week extended its current rules regarding condominium lending as it continues to work on permanent updates. In a new mortgagee letter, the FHA implemented an ...

WASHINGTON - You may have seen headlines last week about the Federal Housing Administration needing a taxpayer "bailout" by the Treasury and wondered: Uh oh. Is the FHA heading down the fiscal drain ...

Federal Housing Administration (FHA) loans are a popular choice for first-time homebuyers and other borrowers who, for a variety of reasons, may have a hard time qualifying for a conventional home ...

The proposed changes reduce acceptable rental income history from two years to 12 months, among other expansions of FHA guidelines Today, the Federal Housing Administration (FHA) posted a draft ...

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On March 26, HUD Secretary Scott Turner announced a policy change regarding FHA loans, declaring that the FHA has revised its residency requirements to remove access to FHA-insured mortgages for ...

Some of the major players in the mortgage market continue to tweak their loan programs, both to reduce risk in their portfolios and to cure their shattered financial condition. The Federal Housing ...

NAMB urges FHA to end its lifetime mortgage insurance rule, citing outdated policies and improved financial conditions for the MMI Fund.