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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 stay ineligible for FHA loans”

After months and months of doubt about whether or not the Federal Housing management is supporting mortgages for Deferred Action for Childhood Arrivals recipients or otherwise not, the Department of Housing and Urban Development has finally offered a textbook reply. And that 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 isn’t the obligation of HUD together with Department depends on other federal government agencies because of this information, ” Wolfson stated within the page to Aguilar (that has been 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 answers that are previous questions regarding whether FHA is supporting mortgages for Dreamers.

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

As Dani Hernandez formerly detailed for HousingWire, DACA recipients had been entitled to FHA backing under specific circumstances, but that has been under an administration that is different had various interpretations associated with the policies under consideration. (more…)