Knowing more about how FHA works — and how to work with FHA — helps agents identify opportunities for their first-time buyer clients, who make up one in three buyers today. FHA is not for everyone, but for millions of young families, it is the piece that is solving the homeownership puzzle.
Regardless of your market, niche or experience, here are a few things we can all be thankful for this Thanksgiving
National Association of Realtors leaders struck a celebratory tone at NAR 360, the trade group's kick-off event for its annual Realtors Conference & Expo Thursday
The new regulatory approach is meant to reduce the chance that banks will have to pay huge settlements for mishandling FHA loans
New guidance from HUD and U.S. Treasury would end the conservatorship of Fannie Mae and Freddie Mac, while reforming the Federal Housing Administration
The National Association of Realtors cheered the policy, which is aimed at increasing FHA mortgage eligibility
The money will be available to local governments in the form of grants up to $9M
A multiyear legal battle reaches its conclusion, with the lending giant admitting no wrongdoing but making FHA whole on 0.2% of loan moneys
A new letter from the Department of Housing and Urban Development states that undocumented immigrants who arrived in the US as children aren't eligible for the more lenient mortgages
The prediction is more of the same, says Mike Frantantoni, the chief economist at the Mortgage Bankers Association
In the wake of HUD charging Facebook with violations of the Fair Housing Act, another online giant has come under renewed scrutiny
In 2007, only 30% of first-time service members and veteran buyers used a VA loan. That increased to 78% by 2016
Government workers not collecting a paycheck as a result of the shutdown will impact the housing market
Monthly home prices rose 1.3% in the third quarter, according to the Federal Housing Finance Agency
FHA issued new guidance requiring lenders to get a second appraisal if the property value appears inflated