RHS Adopts Rules Pertaining to Income Banding, Net Family Assets, and Area Loan Limits
RHS adopted rules pertaining to income banding, net family assets and area loan limits. Per the rule adoption: a two-tier income limit structure (also known
RHS adopted rules pertaining to income banding, net family assets and area loan limits. Per the rule adoption: a two-tier income limit structure (also known
RHS revised the area loan limits for 24 states. The 24 states are: California, Colorado, Delaware, Florida, Georgia, Hawaii, Indiana, Iowa, Maryland, Minnesota, Mississippi, Missouri,
RHS issued an announcement outlining the relief measures loan holders and loan servicers should employ to assist borrowers affected by Hurricane Florence. The measures include
RHS amended the income limits under the Single Family Housing Guaranteed Loan Program. Appendix 5 of the Single Family Housing Guaranteed Loan Program Technical Handbook
RHS amended chapter 3 of the SFH Guaranteed Loan Program Technical Handbook (HB-1-3555). Pursuant to the amendments, RHS added language to specify that lender re-certification
RHS revised Form RD 3555-21 “Request for Single Family Housing Loan Guarantee” (Form). Effective November 1, 2018, all loan packages must include the revised Form
RHS issued a waiver (under the Single Family Housing Guaranteed Loan Program) allowing lenders and servicers to offer a loan modification interest rate that exceeds
RHS suspended the requirement to obtain an IRS Form 4506-T for all adult household members. The suspension applies to all final GUS and manually underwritten
RHS extended the 90-day foreclosure moratorium for properties affected by Hurricanes Harvey, Irma and Maria. The initial 90-day foreclosure moratoriums have been extended for an
RHS adopted a final rule amending the Single Family Housing Guaranteed Loan Program (SFHGLP). The final rule follows publication of the December 9, 2013, interim
The CFPB adopted rules amending the Fair Credit Reporting Act (FCRA) with respect to medical information. Per the rule adoption, the CFPB removed an exception
FHA published an update to the Single Family Housing Policy Handbook (SF Handbook 4000.1). The update includes minor policy changes and technical edits, and incorporates
FHA issued Mortgagee Letter 2025-4, revising requirements for documenting and calculating income received from individuals renting space inside borrower homes (boarder income). Per the Mortgagee
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