FHA announced the forward mortgage loan limits for 2018. The 2018 “floor” and “ceiling” loan limits for a one-unit property are increased to $294,515 and $679,650, respectively (rather than $275,665 and $636,150). The 2018 “ceiling” for the special exception areas of Alaska, Hawaii, Guam and the Virgin Islands is $1,019,475. The forward mortgage loan limits apply to loans with case numbers assigned on or after January 1, 2018.
Rural Housing Service
RHS Updates Monthly Electronic Status Reporting Codes
RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing updated Electronic Status Reporting codes for mortgage servicers. Per the Notice, Default Status Code 10 was
September 23, 2024
