FHA Increases Forward Mortgage Loan Limits for 2022
December 2, 2021
FHA issued Mortgagee Letter 2021-28 to announce the forward mortgage loan limits for 2022. The 2022 “floor” and “ceiling” loan limits for a one-unit property
FHA Increases Home Equity Conversion Mortgage (HECM) Limits for 2022
December 2, 2021
FHA issued Mortgagee Letter 2021-29 to announce the home equity conversion mortgage (HECM) limits for 2022. The maximum claim amount for FHA-insured HECMs in 2022
FHA Updates and Clarifies Appraisal Requirements Regarding Compliance with Fair Housing Laws
November 18, 2021
FHA issued Mortgagee Letter 2021-27, updating and clarifying appraisal requirements regarding compliance with Fair Housing laws. Per the Mortgagee Letter FHA: updated Section I.B.1.d.i (Appraisers
FHA Publishes New Title I Sections of Single Family Housing Policy Handbook 4000.1
November 10, 2021
FHA issued FHA Info #21-97, announcing the publication of the new Title I Property Improvement, and Manufactured Home Loan Programs sections of the Single Family
FHA Postpones Transition of Single Family Default Monitoring System from FHA Connection to FHA Catalyst
November 8, 2021
FHA issued FHA Info #21-95 announcing the postponement of the transition of the Single Family Default Monitoring System from FHA Connection to FHA Catalyst. The
FHA Updates Home Equity Conversion Mortgage Requirements with respect to Mortgagee Optional Election Assignments
September 26, 2019
FHA issued Mortgagee Letter 2019-15, updating Home Equity Conversion Mortgage (HECM) requirements with respect to Mortgagee Optional Election (MOE) assignments. A MOE assignment allows a
FHA Updates Loss Mitigation Procedures for Borrowers in Presidentially-Declared Major Disaster Areas
September 6, 2019
FHA issued Mortgagee Letter 2019-14, updating loss mitigation procedures for borrowers whose home or place of employment is located in a presidentially-declared major disaster area
FHA Rescinds Mortgagee Letter 2019-06: Downpayment Assistance and Operating in a Government Capacity Guidance
September 6, 2019
FHA rescinded Mortgagee Letter 2019-06: Downpayment Assistance and Operating in a Government Capacity Guidance. The Mortgagee Letter went into effect April 18, 2019. The rescission
FHA Reduces Maximum Loan-to-Value and Combined Loan-to-Value Percentages for Cash-Out Refinance Mortgages
August 6, 2019
FHA issued Mortgagee Letter 2019-11, reducing the maximum loan-to-value (LTV) and combined loan-to-value (CLTV) percentages for cash-out refinance mortgages. Per the Mortgagee Letter, the maximum
FHA Indefinitely Suspends Effective Date of Mortgagee Letter 2019-06: Downpayment Assistance and Operating in a Government Capacity Guidance
July 30, 2019
FHA indefinitely suspended the effective date of Mortgagee Letter 2019-06: Downpayment Assistance and Operating in a Government Capacity Guidance. In Mortgagee Letter 2019-06, FHA clarified
