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HUD declares FHA isn’t any longer supporting DACA mortgages

HUD declares FHA isn’t any longer supporting DACA mortgages

“DACA recipients remain ineligible for FHA loans”

After months and months of doubt about perhaps the Federal Housing management is supporting mortgages for Deferred Action for Childhood Arrivals recipients or otherwise not, the Department of Housing and Urban developing has finally offered an answer that is official. And therefore solution isn’t any.

In a page delivered this to Rep. Pete Aguilar, D-CA, HUD Assistant Secretary for Congressional and Intergovernmental Relations Len Wolfson stated definitively that Dreamers are not eligible for FHA mortgages week.

“Determination of citizenship and immigration status just isn’t the duty of HUD additionally the Department hinges on other federal federal government agencies because of this information, ” Wolfson stated into the page to Aguilar (that was reported very very first by Buzzfeed).

“Accordingly, because DACA will not confer status that is lawful DACA recipients stay ineligible for FHA loans, ” Wolfson stated.

That statement is just a reversal from HUD’s past responses to questions regarding whether FHA is supporting mortgages for Dreamers.

HUD told HousingWire earlier in the day this that its policies surrounding DACA borrowers had not changed, despite ongoing confusion in the mortgage industry year.

As Dani Hernandez formerly detailed for HousingWire, DACA recipients had been qualified to receive FHA backing under specific circumstances, but that has been under an administration that is different had various interpretations associated with policies at issue.

Back September, Hernandez penned that HUD ended up being quietly doubting FHA home loan insurance for DACA recipients. Continue reading HUD declares FHA isn’t any longer supporting DACA mortgages