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Mortgages › Single Family Housing › Federal Housing Administration (FHA)

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

FHA rescinds three appraisal policies in new mortgagee letter

Orrick, Herrington & Sutcliffe LLP on

On March 19, the FHA rescinded three mortgagee letters related to appraisal policies in its Single Family Housing programs through Mortgagee Letter 2025-08. The letter rescinds FHA Single Family Housing policy changes issued...more

Orrick, Herrington & Sutcliffe LLP

HUD increases inspection fee limits for single-family homes

Orrick, Herrington & Sutcliffe LLP on

On November 15, HUD increased its fee limits for property inspections for single-family homes.  HUD requires federal mortgage holders to perform property inspections to determine “occupancy status, ascertain property...more

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