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 ...

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

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 ...

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 ...

Loans that are insured by the FHA have lower down payment requirements than conventional loans and tend to be a more affordable option for first-time homebuyers. However, even an FHA loan has fees ...