FHA Announces Forward Mortgage Loan Limits for 2018
December 21, 2017
FHA announced the forward mortgage loan limits for 2018. The 2018 “floor” and “ceiling” loan limits for a one-unit property are increased to $294,515 and
FHA Waives Timeframe for Completing Damage Inspections in all Puerto Rico Areas Affected by Hurricane Irma
November 10, 2017
FHA issued a waiver regarding the timeframe for completing damage inspections in all Puerto Rico areas affected by Hurricane Irma. FHA currently requires that all
FHA Waives Timeframe for Completing Damage Inspections in Certain Counties Affected by California Wildfires
November 7, 2017
FHA issued a waiver regarding the timeframe for completing damage inspections in certain counties affected by the California wildfires. FHA currently requires that all properties
FHA Waives Timeframe for Completing Damage Inspections in Butte, Nevada, Orange and Yuba Counties in California
October 26, 2017
FHA issued a waiver regarding the timeframe for completing damage inspections the Butte, Nevada, Orange and Yuba counties in California. FHA currently requires that all
FHA Waives Timeframe for Completing Damage Inspections in San Juan Metro Area of Puerto Rico
October 26, 2017
FHA issued a waiver regarding the timeframe for completing damage inspections in the San Juan Metro Area of Puerto Rico. FHA currently requires that all
FHA Extends 90-Day Foreclosure Moratorium for Properties Affected by Hurricanes Harvey, Irma and Maria
October 26, 2017
FHA extended the 90-day foreclosure moratorium for properties affected by Hurricanes Harvey, Irma and Maria. The initial 90-day foreclosure moratoriums have been extended for an
FHA Waives Timeframe for Completing Damage Inspections in Presidentially-Declared Major Disaster Areas in Florida
September 27, 2017
FHA issued a waiver regarding the timeframe for completing damage inspections in Presidentially-Declared Major Disaster Areas (PDMDA) in Florida. FHA currently requires that all properties
FHA Revises Mortgage Insurance Premiums and Principal Limit Factors for Home Equity Conversion Mortgages (HECMs)
September 7, 2017
FHA issued Mortgagee Letter 2017-12, setting forth revised initial and annual mortgage insurance premiums (MIP) and principal limit factors for home equity conversion mortgages (HECMs).
FHA Extends Temporary Condominium Project Approval Policy Requirements
September 7, 2017
FHA issued Mortgagee Letter 2017-13, announcing an extension of the temporary condominium project approval policy requirements issued in Mortgagee Letter 2012-18 and Mortgagee Letter 2015-27,
FHA Reminds Mortgagees of 90-Day Foreclosure Moratorium for Properties Located in Presidentially-Declared Major Disaster Areas
August 30, 2017
FHA reminds mortgagees of the 90-day foreclosure moratorium for properties located in presidentially-declared major disaster areas due to damage caused in Texas by Hurricane Harvey.
