Links in “FHA”

U.S. Department of Housing and Urban Development receives a complaint from the National Fair Housing Alliance about a real estate company, sends in black testers and white testers. Black testers were steered toward "rough" neighborhoods, while white testers were steered toward "safer" neighborhoods. The company will pay a fine, agree to provide training and establish a non-discrimination policy. [6/25/14]

The Federal Housing Finance Agency is proposing to amend its regulation on minority and women inclusion by requiring the Federal Home Loan Banks and the Office of Finance to include in the contents of their annual reports certain demographic information related to their boards of directors as well as a description of their related activities during the reporting year. [6/25/14]

The Federal Housing Administration published a Mortgagee Letter reminding lenders to ensure borrowers are made aware of all options when applying for reverse mortgages. The letter specifically targets those participating in the Home Equity Conversion Mortgage Program, and reminds lenders of the responsibilities within that program. [6/20/14]

Recent changes by the Federal Housing Finance Agency and the Federal Housing Administration have reignited the debate about whether regulators are swinging the pendulum too far the other way. [5/20]

The FHA solicits public comment on a proposed four-year, two-phased pilot program: Homeowners Armed With Knowledge (H.A.W.K.). The H.A.W.K. pilot will provide FHA insurance pricing incentives to first-time homebuyers who participate in housing counseling and education. [5/16]

Today, the Federal Housing Administration (FHA) issued its “Blueprint for Access” outlining the additional steps the agency is taking to expand access to credit for underserved borrowers. Proposed changes to FHA’s quality assurance measures will provide clarity and transparency in FHA’s policies to encourage lending across the entire credit spectrum. [5/14]

Higher Federal Housing Administration fees are shutting out a growing number of low-income borrowers, contributing to the downturn in the housing market. The FHA provided loans to 27,100 borrowers in February, the lowest number since the onset of the financial crisis. [5/7]

In a step toward keeping pace with today's technology and business practices, FHA updates list of documents for which it will accept electronic signatures. [2/12]

The Federal Housing Administration grants expanded authority to lenders to accept e-signatures on more loan documents, but stops short of allowing them on mortgage notes themselves. [2/3]

FHA steps toward industry standards and announces expanded authority for lenders to accept electronic signatures (e-signatures) on documents associated with mortgage loans including those for origination, servicing, and loss mitigation documents. [1/31]