fha Archive

Fannie and Freddie to Back Three Percent-Down Loans, Safely

Recently the FHFA announced that it would begin to allow the GSEs to finance loans with as little as 3% down payments.  This news was received with mixed reviews.  Some view it as an improvement in access for entry-level...

FHA Reforms Only Modest Boost to Credit Access

In response to tight mortgage credit, the FHA has announced three changes that it hopes will help to ameliorate lender overlays and broaden access to credit. Specifically, the FHA will consolidate all of its current lending rules into one...

Sales to First Time Buyers: 30 Percent of Sales in March 2014

First time home buyers accounted for 30 percent of residential sales in March (slightly up from 28 percent in February), according to the latest REALTORS® Confidence Index report. REALTORS® have reported that first-time buyers are having problems with tighter...

When the Sting of FHA’s Fees Becomes a Bite

The FHA has more than doubled its mortgage insurance premiums since 2010 and most recently eliminated the phase out of mortgage insurance on certain products. As a result, the private mortgage insurance industry has been able to recover and...

Just How Big is the FHA?

The FHA has been in the headlines a lot recently. So have assertions regarding how large of a presence the institution has in the housing market. The FHA’s significance varies based on which benchmark you are measuring it next...