FHA, USDA Lending Opens Up After HUD Scraps Energy Standards Rule
nationalmortgageprofessional.com
FHA, USDA Lending Opens Up After HUD Scraps Energy Standards Rule
The U.S. Department of Housing and Urban Development (HUD) and U.S. Department of Agriculture (USDA) have rescinded a 2024 rule that tied eligibility for FHA- and USDA-backed mortgages on new construction to stricter energy efficiency standards, marking a significant shift with direct implications for mortgage originators and housing supply.
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