Report suggests key HECM field office at HUD could be shut downThe potential closure of the HUD field office in Tulsa could significantly disrupt the HECM program's functionality.
The FHA denies facing 40% staff cuts but offers no layoff detailsSpeculation about large staff reductions at FHA amidst improvements in its financial health has sparked concernHUD denies reports of severe cuts to FHA's workforce, leaving uncertainty about layoffs.
Report suggests key HECM field office at HUD could be shut downThe potential closure of the HUD field office in Tulsa could significantly disrupt the HECM program's functionality.
The FHA denies facing 40% staff cuts but offers no layoff detailsSpeculation about large staff reductions at FHA amidst improvements in its financial health has sparked concernHUD denies reports of severe cuts to FHA's workforce, leaving uncertainty about layoffs.
NAHB to Congress: Ease regulatory burdens for buildersReducing regulatory costs and permitting burdens is critical to lowering housing prices and increasing supply.
The MBA's big push for lower FHA mortgage insurance premiumsFHA borrowers may face financial relief through reduced mortgage insurance premiums.
Low down payment mortgages help first-time buyersPrivate mortgage insurance allows first-time homebuyers to enter the market with as little as 3% down payment despite high interest rates.
NAHB to Congress: Ease regulatory burdens for buildersReducing regulatory costs and permitting burdens is critical to lowering housing prices and increasing supply.
The MBA's big push for lower FHA mortgage insurance premiumsFHA borrowers may face financial relief through reduced mortgage insurance premiums.
Low down payment mortgages help first-time buyersPrivate mortgage insurance allows first-time homebuyers to enter the market with as little as 3% down payment despite high interest rates.
Mortgage insurance firms shouldn't be harmed by natural disastersNatural disasters have caused unprecedented financial losses; mortgage insurance doesn't cover physical damages, but efforts exist to mitigate borrower defaults.
Could FHA borrowers get mortgage insurance relief?The Mortgage Insurance Freedom Act aims to alleviate FHA borrowers' mortgage insurance costs at 78% LTV, enhancing affordability and equity accumulation.
Reps. Gregory Meeks and Pete Sessions introduce bill to support first-time homeowners - QNSThe Mortgage Insurance Freedom Act aims to relieve financial burdens for first-time homeowners by allowing FHA borrowers to cancel mortgage insurance premiums.
MMI Fund capital reserve is now 5X larger than requiredThe FHA's Mutual Mortgage Insurance Fund achieved a robust financial year with a capital reserve ratio of 11.47%.The percentage of first-time homebuyers using FHA insurance remained consistent, reflecting strong support despite market challenges.
FHA updates portal to accommodate expansion of 203(k) loan programFHA updates the 203(k) program to incorporate wider financing options and increase rehabilitation cost limits for improved home renovation accessibility.
Could FHA borrowers get mortgage insurance relief?The Mortgage Insurance Freedom Act aims to alleviate FHA borrowers' mortgage insurance costs at 78% LTV, enhancing affordability and equity accumulation.
Reps. Gregory Meeks and Pete Sessions introduce bill to support first-time homeowners - QNSThe Mortgage Insurance Freedom Act aims to relieve financial burdens for first-time homeowners by allowing FHA borrowers to cancel mortgage insurance premiums.
MMI Fund capital reserve is now 5X larger than requiredThe FHA's Mutual Mortgage Insurance Fund achieved a robust financial year with a capital reserve ratio of 11.47%.The percentage of first-time homebuyers using FHA insurance remained consistent, reflecting strong support despite market challenges.
FHA updates portal to accommodate expansion of 203(k) loan programFHA updates the 203(k) program to incorporate wider financing options and increase rehabilitation cost limits for improved home renovation accessibility.
ICE rolls out mortgage insurance center on EncompassICE launched a mortgage insurance center on Encompass for a 'life-of-loan' vision.The MI center enhances rate quote comparisons and facilitates easy access to multiple insurance providers.
Radian to lay off employees in PennsylvaniaRadian Group to lay off 70 employees in Pennsylvania in September, focusing on aligning expenses with market opportunities.