FHA Revises Single-Family Housing Policy HandBook, Extends Effective Dates

HUD FHA

On April 30, the FHA announced revisions to its Single Family Housing Policy HandBook (HandBook) and extended the effective date for various policies contained within from June 15 to September 14, 2015. The policy topics affected include, (i) the annual mortgage insurance premium reductions, (ii) the maximum mortgage limits 2015, (iii) the electronic appraisal delivery portal, and (iv) the refinance of borrowers in negative equity positions program.