News & Analysis as of

Single Family Housing Federal Housing Administration (FHA) Mortgages

Orrick, Herrington & Sutcliffe LLP

FHA rescinds three appraisal policies in new mortgagee letter

On March 19, the FHA rescinded three mortgagee letters related to appraisal policies in its Single Family Housing programs through Mortgagee Letter 2025-08.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

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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