Antonio Gaines, president of AFGE National Council 222, said Tuesday those cuts will also hit the FHA. AFGE National Council ...

Staffing cuts at the FHA threaten to disrupt an agency that has historically insured more than 10% of the market.

Federal layoffs may soon come for America’s largest mortgage insurer, a powerful engine of the country’s housing market.

Antonio Gaines, president of AFGE National Council 222, said Tuesday those cuts will also hit the FHA. AFGE National Council 222 is the union that represents more than 5,000 employees at HUD. The ...

The Trump administration is planning to lay off at least 40% of the workers at the federal agency that provides mortgage ...

The Federal Housing Administration (FHA), part of the U.S. Department of Housing and Urban Development (HUD), provides insurance for a type of reverse mortgage known as a home equity conversion ...

Since the 1930s, the FHA has insured more than 50 million mortgages. It doesn’t provide loans itself — that’s done by certain approved lenders. But providing mortgage insurance expands ...

Layoffs at FHA could potentially slow down the agency’s work, which includes providing over $1.3 trillion in mortgage insurance for single-family homes, multifamily properties and health care ...

The Trump administration is planning to lay off at least 40% of the workers at the federal agency that provides mortgage ...

An FHA loan is a mortgage insured by the Federal Housing Administration. This government agency guarantees the loan, but it doesn’t actually lend money. Instead, lenders who participate in the ...