FHA Archive

Fannie Mae Offers Help to Homebuyers Struggling with Down Payment

Home prices are on the rise around the country, and down payments are naturally rising with them. But Lisa Tartar of Fannie Mae’s Community Lending Team told an audience at the REALTORS® Legislative Meetings & Trade Expo in Washington,...

FHA Cuts Mortgage Insurance Premium for First Time Since January 2015

For homebuyers looking to get a mortgage backed by the Federal Housing Administration, things are about to get easier – and less expensive. The FHA announced today that they are cutting their annual mortgage insurance premium from .85 percent...

Appraiser Concerns Addressed with Single Family Handbook Update

Appraisers are well-suited to offering an objective home valuation, but testing appliances is a job best left to a home inspector. That was the message Realtors® sent earlier this year when the Federal Housing Administration’s “Single Family Housing Policy...
October 5, 2016

Salomone: PACE Program Changes Place “Unnecessary Pressure on Homeowners”

Today the Federal Housing Administration (FHA) and Department of Veteran’s Affairs (VA) announced changes to the treatment of Property Assessed Clean Energy (PACE) loans. This new guidance, which goes into effect immediately, states that PACE loans will remain in...

Forty Housing Advocates Join Together to Support Housing Legislation

Momentum continues to build behind homeownership policy changes pending before Congress, and housing advocates are taking their message straight to Capitol Hill. Forty organizations including the National Association of Realtors® placed an advertisement this week calling on Congress to...

BIG WIN: HUD Announces New FHA Condo Rules at Realtor® Conference

News broke Thursday at the National Association of Realtors® conference kick-off that big changes are coming to the way FHA handles the treatment of condominiums. Principal Deputy Assistant Secretary Ed Golding of the Federal Housing Administration joined NAR President...
November 14, 2015

HUD Secretary Castro, Realtor.com’s Chief Economist Talk Millennials at GW University

Roughly 150 students, industry leaders and members of the media streamed into George Washington University’s Jack Morton auditorium this week for a virtual (and also real) town hall on millennials and the housing market. Housing and Urban Development Secretary...
October 28, 2015

NAR to Congress: Fair Value Accounting is Unfair to Borrowers & Taxpayers

This week the House and Senate Budget Committees will markup the FY16 budget resolutions.  One problematic proposal being considered includes a switch to fair value accounting which would make popular federal home loans like those backed by the Federal...
March 18, 2015