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HUD publishes several changes to reverse mortgage handbook section

HUD has published revisions to the recently overhauled reverse mortgage section of the Single Family Housing Handbook 4000.1.

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FHA Branch Offices Could Become a Thing of the Past: HUD Finalizes Rule Eliminating Mandatory Branch Office Registration | Mayer Brown

Federal Housing Administration (“FHA”) approved lenders and mortgagees will no longer be required to register their branch offices. The US Department of Housing and Urban Development.

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Senior FHA Official Hints at MMI Fund Health, Describes Year of Action for Reverse Mortgages

Senior FHA Official Hints at MMI Fund Health, Describes Year of Action for Reverse Mortgages
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Senior FHA Official Hints at MMI Fund Health, Describes Year of Action for Reverse Mortgages

Biden s FHA Now Guaranteeing Mortgages For Illegals With DACA Status | Blog Posts

by Juan Carlos Chavez, Tampa Bay Times, March 8, 2021 TAMPA Almost overnight, Cristhian Guzman saw his fortunes change. The 28-year-old immigrant from Mexico had been trying for five years to get a loan so he, his wife Gloria and their two youngest children could move into their own home. Guzman was brought to the United States illegally by his parents but became a legal resident under the Deferred Action for Childhood Arrivals program. Still, even as a so-called “Dreamer,” he didn’t qualify for a loan through the Federal Housing Administration. “It was disappointing,” Guzman said. That changed Jan. 19, the day before President Joe Biden took office, when the FHA announced a change in policy extending eligibility to Dreamers who apply for home loans. Guzman and his wife were soon approved.

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