HUD Secretary Scott Turner rescinded a 2024 rule tying FHA and USDA new construction loans to 2021 IECC compliance.

President Biden had issued a rule in 2024 requiring newly constructed homes to abide by an energy mandate to be eligible for ...

The U.S. Department of Housing and Urban Development (HUD) and U.S. Department of Agriculture (USDA) have rescinded a 2024 ...

On March 26, HUD Secretary Scott Turner announced a policy change regarding FHA loans, declaring that the FHA has revised its residency requirements to remove access to FHA-insured mortgages for ...

FHFA began a VantageScore 4.0 pilot for GSE loans with new pricing grids, while HUD said FHA will add VantageScore 4.0 and ...

HUD SECRETARY ANNOUNCES NEW ACCEPTANCE AND IMPLEMENTATION OF VANTAGESCORE 4.0 FOR FHA LOANS: HUD will also allow the use of VantageScore 4.0 for FHA mortgage loans. Over 80% of all FHA-insured ...

The U.S. Department of Housing and Urban Development (HUD) has issued Mortgagee Letter 2025-09, which updates the residency requirements for borrowers seeking Federal Housing Authority (FHA) insured ...

The U.S. Department of Housing and Urban Development (HUD) is eyeing an overhaul to requirements for Federal Housing Administration-backed multifamily loans in a bid to spur construction of more ...

Federal Housing Administration (FHA) loans are a popular choice for first-time homebuyers and other borrowers who, for a variety of reasons, may have a hard time qualifying for a conventional home ...

Lument has provided a $21.2 million HUD/FHA Section 232/223(f) Express Lane loan for the refinancing of Pemberly Place Senior Living, a seniors housing community in Lincoln with 120 units and a ...

Mortgage Insurance No matter how big your down payment is, with an FHA loan, you must pay mortgage insurance. FHA loans require an upfront mortgage insurance premium (MIP) of 1.75% of the base loan ...