The Federal Housing Administration (FHA) issued multiple mortgagee letters on June 27, implementing policy changes affecting FHA-insured, single-family loans. The changes, which took effect immediately, are part of what the Trump administration says is a broader effort to reduce regulatory burden in the housing market. The policy modifications affect various aspects of the FHA-insured loans, from construction standards in flood zones to appraisal protocols and borrower data collection. Read more here.
Source: NAR; 7/7/2025