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HUD

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FHA loan limit increases to $524,225 in 2025

November 26, 2024 by bp56691
The FHA limits increased for 2025, but at a slightly lower level than observed one year ago owing to the pace of home price appreciation.
Categories FHA, FHA loan, HUD, Mortgage

Trump names Scott Turner the new HUD secretary

November 23, 2024 by bp56691
Trump names Scott Turner the new HUD secretary
The former pro football player, motivational speaker and prior White House Opportunity and Revitalization Council member was named Friday.
Categories Donald Trump, HUD, Mortgage, Real Estate

MMI Fund capital reserve is now 5X larger than required

November 15, 2024 by bp56691
The MMI Fund continued to operate well above its statutory minimum of 2%, though trade associations want more affordability action.
Categories Adrianne Todman, Community Home Lenders Association, FHA, HUD, Julia Gordon, Mortgage, Mortgage Bankers Association

Reverse mortgage educators look to correct the record on credit lines, equity modeling

November 13, 2024 by bp56691
Reverse mortgage educators Dan Hultquist and Jim McMinn take on more HECM program misconceptions among industry professionals.
Categories Counseling, HUD, Internal Revenue Service, NRMLA, Regulatory Compliance, Reverse, San Diego

Bill Pulte to be considered for HUD secretary, report claims

November 12, 2024 by bp56691
A New York Post report claims that philanthropist Bill Pulte is under consideration for the role of HUD secretary.
Categories Donald Trump, HUD, Mortgage, Politics, Regulatory
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