News & Analysis as of

Affordable Housing FHA Loans

Ballard Spahr LLP

HUD seeking information about impact Buy Now, Pay Later has on housing expenses

Ballard Spahr LLP on

The Department of Housing and Development is seeking information about the impact that the frequent use of Buy Now, Pay Later (BNPL) products may have on borrowers’ ability to meet housing-related expenses, including rent or...more

Orrick, Herrington & Sutcliffe LLP

HUD revises FHA loan residency rules, excluding nonpermanent residents

On March 26, HUD Secretary Scott Turner announced a policy change regarding FHA loans, declaring that the FHA has revised its residency requirements to remove access to FHA-insured mortgages for unauthorized immigrants by...more

Ballard Spahr LLP

The OIG issues dozens of new audit reports

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Just in time for the end of the federal fiscal year (September 30), the HUD Office of Inspector General (OIG) issued a flurry of internal and external audit reports over the last few weeks on a wide variety of topics....more

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