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Stay compliant with the latest FHA loan regulations! Explore essential tips for mortgage servicers navigating the dynamic landscape of FHA loan compliance.

One of the major ways FHA ensures financial stability in this new program is through requiring "Back to Work" borrowers to participate in at least one hour of one-on-one housing counseling.

One of the major ways FHA ensures financial stability in this new program is through requiring "Back to Work" borrowers to participate in at least one hour of one-on-one housing counseling.

FHA ensures that lending agencies require "Back to Work" borrowers to attend at least one hour of counseling in person, by phone or online. The counseling must be Housing and Urban Development approved and the counseling must address the cause of the family's previous economic event.

FHA ensures that lending agencies require "Back to Work" borrowers to attend at least one hour of counseling in person, by phone or online. The counseling must be Housing and Urban Development approved and the counseling must address the cause of the family's previous economic event.

Approximately 2.7 million homeowners are participating in some form of a forbearance plan, according to the Mortgage Bankers Association. And, the lion's share of these mortgages is held by private lending services and not federally-backed lenders, like Fannie Mae, Freddie Mac, VA, USDA, FHA, etc.