Links in “FHA”
- Passed Senate Committee Bill Calls for FHA to Adopt Rules Similar to CFPB’s Qualified Mortgage Rules
Passed by the Senate Banking Committee on Wednesday, the FHA Solvency Act of 2013 is designed to help stabilize the agency's beleaguered reverse mortgages program and strengthen its underwriting standards. [8/1]
- Head of FHA Asks Senate Committee for More Authority for FHA
At a hearing before the Senate Banking Committee, Carol Galante, commissioner of the Federal Housing Administration, requests more authority to allow FHA to transfer servicing of some loans to specialty servicers and voices aversion to the billâs demand for mandatory premium increases when FHAâs capital reserve ratio dips below its required level. [7/25]
- Bill to Stabilize FHA Seeks to Increase Penalties on Lenders Who Break Rules
Federal Housing Administration Solvency Act of 2013 has provisions to strengthen underwriting and expand amount of damages against lenders who violate rules. [7/17]
- FHA Deal Struck in Senate
No details yet, but reports are that a bipartisan deal has been struck in the Senate to overhaul the Federal Housing Administration. [7/12]