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Mortgages › FHA Loans › Immigration Reform

The term "mortgage" typically refers to a mortgage loan.  A mortgage loan is a financing instrument where an individual or business borrows money to purchase property (usually real property) and... more +
The term "mortgage" typically refers to a mortgage loan.  A mortgage loan is a financing instrument where an individual or business borrows money to purchase property (usually real property) and uses that property as collateral for the loan. less -
Orrick, Herrington & Sutcliffe LLP

HUD revises FHA loan residency rules, excluding nonpermanent residents

Orrick, Herrington & Sutcliffe LLP on

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

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