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Federal Housing Administration

HUD seeks feedback on FHA minimum property requirements

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The U.S. Department of Housing and Urban Development (HUD) is seeking public feedback on whether the Federal Housing Administration (FHA)’s property requirements for single-family homes should be updated to better reflect current market conditions and reduce barriers to homeownership. In a request for information (RFI) published in the Federal Register, HUD said it is reviewing […]

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FHA turns attention to the ‘flipping rule’ and AVMs

Automated Valuation Model, Delinquencies, Federal Housing Administration, FHA loan, Fix and Flip, HWmember, LendingLife, Mortgage, Origination /

The Federal Housing Administration (FHA) would like to review its anti-flipping rule and reforms to automated valuation models (AVMs), according to Matt Jones, deputy assistant secretary for the FHA’s Office of Single-Family Housing. “We think our AVM, our valuation technology, has improved significantly since that rule was put in place a couple decades ago,” Jones

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