On April 19, 2021, the Federal Housing Administration (FHA) announced the publication of its update to the Servicing and Loss...
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Read articles below for analysis and discussion of recent trends by BM&G’s industry experts.
FHA Announces New Single Family Loan Limits for 2021
On December 2, 2020, the Federal Housing Administration (FHA) announced its new schedule of loan limits for calendar year 2021...
Private Flood Insurance for FHA-Insured Mortgages
In the November 23, 2020, issue of the Federal Register (85 FR 74630, click here), HUD published a proposed rule, with a request...
Fair Housing Act Disparate Impact Regulation Revised
Revised 10/28/2020 In the September 24, 2020, issue of the Federal Register (85 FR 60288, click here), the Department of Housing...
FHA Mortgagee Letter 2020-27 Extends Foreclosure and Eviction Moratorium Extension in Mortgagee Letter 2020-19
On August 27, 2020, the Federal Housing Administration (FHA) issued Mortgagee Letter 2020-27 (ML 2020-27). ML 2020-27 extends...
FHA Expands Home Retention Measures for Homeowners Financially Impacted by COVID-19 in Mortgagee Letter 2020-22
On July 8, 2020, the Federal Housing Administration (FHA) issued Mortgagee Letter 2020-22 (ML 2020-22, click here) that informs...
FHA Mortgagee Letter 2020-19 Extends Foreclosure and Eviction Moratorium in Mortgagee Letter 2020-13
On June 17, 2020, the Federal Housing Administration (FHA) issued Mortgagee Letter 2020-19 (ML 2020-19). ML 2020-19 extends the...
FHA Mortgagee Letters 2020-13 and 2020-14 Extend Foreclosure and Eviction Moratorium (ML 2020-13) and Remote Work Flexibilities for Lenders and Appraisers (ML 2020-14)
On May 14, 2020, the Federal Housing Administration (FHA) issued Mortgagee Letter 2020-13 (ML 2020-13) and Mortgagee Letter...
Disparate Impact – HUD Proposes Amendments to 24 CFR Part 100
In the August 19, 2019, issue of the Federal Register (84 FR 42854) HUD published a proposed rule to amend HUD’s 2013 regulatory...
FHA Rescinds ML 19-06 Requirements for Down Payment Assistance by Government Entities
On April 18, 2019, HUD issued Mortgagee Letter 19-06, (click here) setting forth new documentation requirements for down payment...