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On July 10, FHA INFO 2024-46 announced the Federal Housing Administration (FHA) published Mortgagee Letter (ML) 2024-14, Fraud or Misrepresentation Involving Sponsored Third-Party Originators;  FHA INFO 2024-45 announced FHA posted a new draft of its Single Family Housing Policy Handbook 4000.1 (Handbook 4000.1), Appendix 8.0 – FHA Defect Taxonomy for Servicing Loan Reviews (Servicing Defect Taxonomy), on FHA’s Office of Single Family Housing Drafting Table (Drafting Table) for public review and feedback.

On July 9, FHA INFO 2024-44 announced the FHA published Mortgagee Letter (ML) 2024-13, Revisions to the 203(k) Rehabilitation Mortgage Insurance Program including updates to the 203(k) Consultant Requirements and Fees. This ML implements updates to the Section 203(k) program guidelines, which are intended to reduce barriers to using the program.

 

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