Development Equity FHA loan Real-estate owned 
Housing Wire
JUNE 6, 2022
A 30-year loan mod option limits the amount of interest paid and helps borrowers accumulate equity in their homes more quickly, the groups said in the letter. At the time, the Department of Housing and Urban Development said the option could prevent “several thousand borrowers a year from foreclosure.”.
HomeLight
JUNE 28, 2021
Department of Housing and Urban Development , a government agency first created by President Lyndon B. HUD’s Office of Housing also includes the Federal Housing Administration (FHA), an agency that insures mortgage loans issued by FHA-approved lenders to protect against losses if a borrower defaults on a loan.
Housing Wire
APRIL 4, 2022
The Federal Housing Administration (FHA) is moving to expand its COVID-19 loss mitigation “waterfall” by introducing a 40-year loan modification option and is asking the mortgage industry for input. HUD said that this option could prevent “several thousand borrowers a year from foreclosure.”.
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