Housing Wire
MAY 13, 2024
Mortgage Insurers — sent a letter on Monday to the Federal Housing Finance Agency (FHFA) to express concerns about the FHFA’s intent to publish the VantageScore 4.0 historical dataset. FHFA’s current lack of a plan to include “through the cycle” data increases the importance of the data itself, the letter explained.
Appraisal Today
MAY 10, 2024
VA’s Tidewater Initiative written in 2021 by McKissock (Similar idea as current ROV changes), effective in 2003. My comments: I find this post’s appraiser comments most interesting, especially those from VA appraisers who have been required to use the VA’s Tidewater Initiative, which started in 2003.
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Housing Wire
MARCH 12, 2024
The budget also requests $400 billion in loan guarantee commitment limitation for the Mutual Mortgage Insurance (MMI) Fund through September 2026, which is “sufficient authority for insurance of all single family forward mortgages and HECMs,” the document reads. HUD is requesting $2.5
Housing Wire
JANUARY 20, 2021
Secretary Carson and I posted a waiver and other documents to the HUD website that makes clear DACA status recipients are now eligible to apply for mortgages insured by the Federal Housing Administration,” former HUD Deputy Secretary Brian Montgomery said. are not eligible for FHA-insured mortgages.” .”
On Q Financial
FEBRUARY 2, 2021
In 2003, the FHA Housing Handbook stated, “non-U.S. are not eligible for FHA-insured mortgages.” All figures are given for comparison purposes only and are not a commitment to lend or extend credit. This is not an offer for extension of credit or a commitment to lend. citizens without lawful residency in the U.S.
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