Reverse mortgage lenders must now submit appraisals to the Federal Housing Administration for a collateral risk assessment before endorsement – a new rule that went into play on October 1. The ...

Only a few days after publishing proposed rules to help reduce risks to the Federal Housing Administration’s single family insurance fund, HUD has published a Frequently Asked Question document ...

FHA loans and conventional loans are both issued by private lenders, but FHA loans are insured by the federal government, and conventional loans are not. Due to their federal backing, FHA loans have ...

U.S. Department of Housing and Urban Development Assistant Secretary for Housing-Federal Housing Commissioner David Stevens has announced the first release of frequently asked questions (FAQs) ...

Natalie Campisi is a senior journalist who covers personal finance, balancing timely news with in-depth enterprise reporting. Her mission is to make complex financial issues clear and accessible for ...

With so many different ways to buy a home, it’s not always easy to find the best type of home loan for you. One of your options is a mortgage that’s insured by the Federal Housing Administration (FHA) ...

It is the last day of January already? Time flies. This year we have 4 unusual dates: 1/1/11, 1/11/11, 11/1/11 and 11/11/11. Is it a coincidence that you can take the last 2 digits of the year you ...

The U. S. Department of Housing & Urban Development (HUD) has issued an update to its publication, New RESPA Rule FAQs. These revisions contain new and complex regulations, affecting many aspects of ...