James Wright Jr.

Bradley Arant Boult Cummings LLP

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Latest Posts › Federal Housing Administration (FHA)

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FHA Updates Single Family Policy Handbook 4000.1

In late July, the Federal Housing Administration (FHA) made several important revisions to the Single Family Policy Handbook 4000.1. The new guidance is part of a series of changes recently announced by the Biden-era FHA,...more

8/12/2021 / Compliance , Coronavirus/COVID-19 , Fair Housing Act (FHA) , Federal Housing Administration (FHA) , Loss Mitigation , National Housing Policy , Single Family Housing

HUD, Fannie Mae, and Freddie Mac Suspend Foreclosures and Evictions for 60 Days

During a COVID-19 press briefing at the White House on March 18, 2020, President Donald Trump announced that the Department of Housing and Urban Development (HUD) will temporarily suspend “all foreclosures and evictions.” The...more

3/21/2020 / Coronavirus/COVID-19 , Eviction , Fannie Mae , Federal Housing Administration (FHA) , FHFA , Foreclosure , Freddie Mac , HUD , Mortgage Lenders , Mortgages

HUD Publishes Final HECM Rule

Last year, the Federal Housing Administration (FHA) released a set of proposed rules affecting Home Equity Conversion Mortgages (HECMs) for notice and comment. After receiving 83 comments and responses, the Department of...more

3/28/2017 / Federal Housing Administration (FHA) , Final Rules , Financial Services Industry , HECM , HERA , Housing Market , HUD , Mortgages , Reverse Mortgages

FHA Issues Proposed Rules Related to Home Equity Conversion Mortgages

Last week, the Federal Housing Administration (FHA) released for notice and comment a set of proposed rules affecting Home Equity Conversion Mortgages (HECM), more commonly known as reverse mortgages. Below are highlights of...more

6/1/2016 / Borrowers , Disclosure Requirements , Federal Housing Administration (FHA) , Interest Rates , Lien Priority , Mortgage Insurance , Reverse Mortgages , Spouses

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