FHA Loans

Policy Briefs, Reports and Press Releases

• Press release: Federal Reverse Mortgage Program Results in Widows Losing Their Homes After Death of Spouse, Mar. 12, 2018
• Issue brief sent to HUD containing examples of problems with FHA reverse mortgage loss mitigation in the HECM program, Nov. 2016
• Press release: FHA Note Sales Should Cease until Homeowners are Fully Protected, July 1, 2016
• Press release and Report: HUD’s Sales of FHA-Defaulted Mortgage Loans Benefit the Big Mortgage Servicers and Hedge Funds While Homeowners Lose, May 10, 2016
• FHA’s Distressed Asset Sale Program Should Strengthen Home Retention Goals, December 2012
• FHA’s Distressed Asset Sales and Loss Mitigation Should Be Reformed to Maximize Sustainable Homeownership Solutions, Recommendations Aug. 31, 2012

Letters

• Letter to HUD seeking delay on the Single-Family Loan Sale Program ANPR due to a need for data, May 31, 2019
• Group letter to HUD seeking time extension for commenting on FHA defect taxonomy and certifications, May 21, 2019
• Group letter to HUD and the Office of the Inspector General for HUD expressing serious concerns regarding a recent flawed report that incorrectly concluded that mortgage servicers complied with HUD rules prior to selling defaulted loans through its Distressed Asset Stabilization Program (DASP), April 29, 2019
• Coalition letter to HUD re: significant problems with the Home Equity Conversion Mortgage (HECM) program, June 13, 2018
• Coalition letter supporting HUD Disparate Impact Rule, Jan. 26, 2018
• Group letter to HUD recommending changes to FHA loss mitigation policy, Jan. 23, 2018
• NCLC & Legal Aid Society of Southwest Ohio letter to HUD re: Mortgagee Letter 20 16-14, Aug. 11, 2017
• July 19, 2016 California Association of Realtors “C.A.R. Statement on HUD Insuring FHA Mortgages with PACE Loans” || Summary
• Letter urging HUD to reverse its decision to remove homeowner-protective language from FHA’s form single family note and mortgage, June 6, 2016
• Letter Addressing Form Note Change in Response to FHA’s June Letter, September 2, 2015
• Coalition letter to Secretary Castro seeking reversal on recent change to FHA form note language, August 20, 2015
• Group letter urging the FHA to reduce the cost of its single-family mortgage insurance premiums and enhance access to affordable credit, Jan. 7, 2015
• Group letter to federal regulators re: real-estate owned (REO) developments and bulk/asset sales by FHA/FHFA, March 3, 2014
• Letter to CFPB re: FHA violation of Equal Credit Opportunity Act, March 2012
• Letter to House Financial Services Committee Leaders Supporting Enhanced Lending Duties under FHA, May 2007
• Letter to the Financial Services Committee regarding the Accessibility of FHA Programs, January 2007

Comments and Testimony

• Consumer Organization Comments to HUD on the FHA Disaster Standalone Partial Claim and Additional Disaster Relief Issues, Sept. 14, 2018
• Group comments to Federal Housing Finance Agency regarding Housing Goals for Fannie Mae and Freddie Mac, Sept. 5, 2017
• Center for American Progress and NCLC Comments on Proposed Changes to the Application for FHA Insured Mortgages, Oct. 1, 2015
• Comments to HUD on FHA Draft Servicing Handbook, Nov. 14, 2014
• Comments to HUD re: FHA Single Family Housing Policy Handbook, Aug. 14, 2014
• Comments to the Federal Housing Authority on FHA’s Single Family Housing Policy Handbook (Application through Endorsement Section), Dec. 15, 2013
• Group Comments to U.S. Housing and Urban Development re: Revisions to Application for FHA Insured Mortgage, July 14, 2015
• Testimony of Margot Saunders, Gary Klein and Elizabeth Renuart on FHA’s Foreclosure Avoidance Program, June 1998