The Federal Housing Administration (FHA) has posted a draft policy that provides an alternative disclosure option that would give lenders a new way to handle partial claims: hidden liens that surface late in a transaction and hold up closings. FHA is accepting stakeholder feedback through September 3, 2026.
Under the proposal, lenders could instead secure the past-due amount through a non-interest-bearing balance under the existing FHA-insured mortgage, documented with a repayment agreement rather than a recorded subordinate mortgage.
READ MORE
Read On
Federal Issues
21st Century ROAD to Housing Act Becomes Law
The 21st Century ROAD to Housing Act is one of the most significant pieces of housing legislation passed by Congress in decades.
