We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

FHA Reduces Single-Family Mortgage Insurance Requirements

Law360, New York (February 5, 2013, 5:16 PM EST) -- The Federal Housing Administration on Tuesday said it is reducing the number of inspection and home warranty requirements for its single-family mortgage insurance program, finding the regulations unnecessary because of more reliable certification systems and building codes.

Under the proposed rule, which is expected to save homeowners $30 million, 10-year protection plans will no longer be necessary to quality for a high loan-to-value mortgage for a newly constructed home. The FHA will also stop forcing homeowners to select their home inspector from an official administration roster, opening the jobs up to all certified professionals.

"Since the promulgation of these regulations, the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Attached Documents


Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.




Government Agencies