Drop in Migrants Applying for FHA Mortgages Due to Trump Reforms
Impact of Trump’s Housing Market Reforms President Donald Trump’s reforms in the housing market are showing noticeable effects, particularly as mortgage rate locks for immigrants looking for Federal Housing Administration (FHA) loans have dropped sharply. Back in March, the Department of Housing and Urban Development (HUD) made the decision to terminate FHA-insured home loans for […]
HUD says no more taxpayer-funded FHA mortgages for illegal immigrants
The Housing and Urban Development Agency (HUD) has terminated illegal immigrant mortgages to prevent federal mortgages from going to people living in the United States illegally. HUD Secretary Scott Turner announced the move on Wednesday in news of a joint effort with the Department of Homeland Security (DHS) to focus on American homeownership. “Today, HUD […]
FHA Will Do ‘What It’s Supposed to Do’
WASHINGTON, DC – President Donald Trump's Housing and Urban Development Agency (HUD) Secretary Scott Turner said the Federal Housing Administration (FHA) was “just called it exactly as it was called” to help victims of a wildfire in Los Angeles. I'll do it.” Turner, who began his first day in office on Thursday, told Breitbart News […]
FHA raises loan limits for manufactured housing for the first time in 15 years
The loan limit changes are part of the Biden administration’s push to create access to more affordable housing. (iStock) The Federal Housing Administration (FHA) increased the loan limits for the Title I manufactured home loan program in an effort to enable the supply of affordable housing. The FHA said the increases better reflect today’s market […]
New FHA rule calls for ‘simple, direct’ signs
no kidding. Humorous and quirky messages written on electronic signs will soon disappear from highways across the country. America Federal Highway Administration The government has given states two years to implement all the changes outlined in a new 1,100-page manual published last month, including rules setting out how signs and other traffic control devices should […]