FHA’s Proposed Servicing Reforms Need More Thought

Brief

FHA’s Proposed Servicing Reforms Need More Thought

August 28, 2015

Abstract

In July 2015, the Federal Housing Administration (FHA) proposed a rule with far-reaching implications for servicing FHA loans [RIN 2502-AJ23], but it has received surprisingly little attention. The proposed rule would strictly limit the maximum period for filing insurance claims with the FHA. As reflected in this brief, we are concerned that this rule will negatively impact access to credit for prospective FHA borrowers.

Research Area: 

Centers

To reuse content from Urban Institute, visit copyright.com, search for the publications, choose from a list of licenses, and complete the transaction.

LATEST IN Housing and Housing Finance

To reuse content from Urban Institute, visit copyright.com, search for the publications, choose from a list of licenses, and complete the transaction.