If you plan to get an FHA mortgage next year you may have to settle for a smaller loan, depending on where you live.
Regulators must stop choking the housing recovery, the Mortgage Bankers Association president said today.
Some homebuyers may have to reschedule their closings.
Despite a plan to reduce staff by 96 percent, HUD says it will keep the lights on.
Senior homeowners who want to cash out equity with a reverse mortgage will have to play by new rules when applying for a loan after the end of this month.
HUD charged Fifth Third Bank and a mortgage company in Michigan with discriminating against a couple with disabilities when they tried to refinance their mortgage.
The FHA has opened the doors for buyers who faced foreclosure, short sale and bankruptcy.
FHA is kicking some business over to private insurers.
This week Congress passed a reverse mortgage reform bill designed to both help retirees and improve the soundness of the program.
The FHA is attempting to recoup losses with stricter standards for its reverse mortgage program.