FHA Increases Home Equity Conversion Mortgage (HECM) Limits for 2018
FHA increased the home equity conversion mortgage (HECM) limits for 2018. The maximum claim amount for FHA-insured HECMs in 2018 will be $679,650 (an increase
FHA increased the home equity conversion mortgage (HECM) limits for 2018. The maximum claim amount for FHA-insured HECMs in 2018 will be $679,650 (an increase
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 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 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 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 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 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
To identify frequently occurring mortgage servicing quality control audit findings, TENA analyzed over 29,000 findings identified in thousands of QC audits it completed during the
On January 12, 2016, the Federal Housing Administration (FHA) issued Mortgagee Letter (ML) 2016-01 , Additional Extension of Certain Timeframes in Connection with Mortgagee Letter
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