The Federal Housing Administration (FHA) has issued two mortgagee letters that update its guidelines related to home warranty and inspection requirements for single-family FHA loans. Mortgagee Letter ...
A buyer’s real estate agent walks into an office with a contract in hand and places it on the seller agent’s desk, where he’s sorting out a pile of other offers for the same house. The seller agent ...
The Federal Housing Administration (FHA) this week announced two temporary policy waivers as the response to hurricanes Helene and Milton continues. The FHA’s 203(k) rehabilitation mortgage program ...
The Federal Housing Administration (FHA) this week announced that the ability for property appraisals to be conducted via an exterior-only inspection – a core relief component for the reverse mortgage ...
When Perry "Pat" Turner Jr. visits a house to do an appraisal, he usually just brings a camera, a note pad and a measuring device. But lately, the Richmond, Va., appraiser had to carry an expandable ...