Misinformation about FHA mortgage modification spreads on TikTok

Misinformation is spreading on TikTok about the Federal Housing Administration‘s (FHA) recent increase to the maximum mortgage modification term, causing confusion for homebuyers.  The FHA announced a final rule last month that allows mortgagees to increase the maximum FHA-insured mortgage loan modification term from 360 months to 480 months following

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USDA, FHA to end pandemic-related forbearances on May 31

Forbearances granted by the U.S. Department of Agriculture (USDA), the U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) due to pandemic-related financial hardships will soon come to an end, according to an announcement on Tuesday. The forbearances are now slated to end on May

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