In the following press release, Federal Housing Administration (FHA) Commissioner David H. Stevens announced plans to implement a set of credit policy changes that will enhance the agency’s risk management functions.… more
The former President and CEO of the Government National Mortgage Association (Ginnie Mae) Joseph Murin, and former Federal Housing Administration (FHA) Commissioner, Brian Montgomery have come together to form The Collingwood Group, LLC.… more
The Federal Housing Administration guaranteed nearly 186,000 mortgages in June, the highest number of mortgages endorsed by the agency in its 75-year history.
The high previously guaranteed was 157,000 mortgages guaranteed last October.… more
I want to help you understand how a FHA mortgage loan works. Federal Housing Administration (FHA) doesn’t actually loan any money, they insure it. This means that you’re considered to be a less risky borrower than someone who might not have the backing of the federal government.… more