The Federal Housing Administration (FHA) has issued a critical update related to last week's announcement of FHA premium changes. The update contains instructions for lenders wishing to cancel case ...

The Federal Housing Administration (FHA) announced on Tuesday that it has drafted a proposed Mortgagee Letter (ML) designed to lower the pre-review threshold for Home Equity Conversion Mortgage (HECM) ...

For Colorado borrowers who did not obtain a FHA case number on their home loan prior to June 3rd, the unfortunate truth is that refinancing or borrowing on a new home loan via the FHA will now cost ...

Echoing a similar precedent set by Ginnie Mae, the Department of Housing and Urban Development (HUD) said Wednesday via mortgagee letter that it will not insure Home Equity Conversion Mortgages (HECMs ...

Details and clarifications are now available for lenders and borrowers regarding President Obama's Thursday announcement of reduced FHA mortgage insurance premiums (MIP). In addition to fine-turning ...

The housing market is coming down off its high, transitioning from a seller's market into a buyers' market. Buyers are regaining control of the market and by the fourth quarter of this year, Ishbia ...

Best Rate Home Loans, a nationwide group of approved mortgage lenders specializing in Federal Housing Act loans, reports that potential California FHA loan borrowers looking to put a low down payment ...