by Jeff Sorg | Aug 22, 2019 | Real Estate
FHA responds to the market By Jeff Sorg, OnlineEd Blog (August 22, 2019) To promote homeownership, especially among credit-worthy first-time buyers, the Federal Housing Administration (FHA) published its long-awaited final regulation, and policy implementation...
by Jeff Sorg | Oct 2, 2018 | Real Estate, Mortgage
Where a second appraisal is required, lenders must use the lower value of the two appraisals. By Jeff Sorg, OnlineEd Blog (October 2, 2018) (WASHINGTON) HUD – The Federal Housing Administration (FHA) announced that it will begin requiring lenders originating...
by Jeff Sorg | Jan 13, 2017 | Mortgage, Real Estate
FHA’s reduction in premium rates is an appropriate measure to support the path to the American dream By Jeff Sorg, OnlineEd Blog (January 13, 2017) – As the nation’s housing market continues to improve, U.S. Housing and Urban Development Secretary Julián...
by Jeff Sorg | May 16, 2016 | Mortgage
The settlement resolves allegations that M&T Bank failed to comply with certain FHA origination, underwriting and quality control requirements. By Jeff Sorg, OnlineEd Blog (May 16, 2016) – M&T Bank Corp. (M&T Bank) has agreed to pay the United States...
by Jeff Sorg | Dec 15, 2015 | Mortgage, Real Estate
There is no change to the FHA national loan limit “ceiling” which remains at $625,500 By Jeff Sorg, OnlineEd Blog (December 15, 2015) – The Federal Housing Administration (FHA) announced the agency’s new schedule of loan limits for 2016. These loan limits...