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Posted on 10/15/2025 9:14:26 AM PDT by marcusmaximus
The number of new FHA mortgages granted to non-permanent residents has dropped to near-zero following the Trump administration’s recent executive orders targeting immigrants, according to new data.
In a March 26 letter, the Department of Housing and Urban Development announced that non-permanent residents in the United States, including H-1B visa holders, would no longer be eligible for mortgages insured by the Federal Housing Administration (FHA), effective May 25.
The move, the letter said, was in line with President Donald Trump’s “commitment to safeguarding economic opportunities for U.S. citizens and lawful permanent residents,” while also ensuring that “federal benefits, including access to FHA-insured mortgages, are reserved for individuals who hold lawful permanent resident status.”
-snip-
The strictness of these requirements shows that the Trump administration’s new policies, combined with the current high cost of homebuying, have severely hindered non-permanent residents’ ability to step onto the property ladder, according to the latest data.
(Excerpt) Read more at msn.com ...
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No FHA program should have ever covered foreign people.
This should help with housing prices
Good news.
True, but is it likely to do much for our low income housing crisis? Unfortunately the builders like our president’s father are no longer cranking out worker and other low income housing, now the taste for construction is running to luxury condos, and ballrooms.
Thanks for posting.
Stop. These are important posts and not racist in the least.
Your post is stupid tripe.
Another example of the MSM searching for something to cast gloom on the economy.
Dear FRiends and supporters of FR: Please send your donations in as early as you can. Thank you very much and God bless you. [FReepathon]
Posted on 10/12/2025, 1:25:39 PM by Jim Robinson
https://freerepublic.com/focus/f-news/4345912/posts
i would but it wouldn’t stop you.
Gloom? You mean elation!
This coupled with the whole crackdown on illegals should, eventually, create a housing collapse that seriously overshadows the credit crisis of 2008.
This is not the time to buy a home, but it may be the perfect time to sell one - while you still can.
Sounds good to me!
Sorry, I dont see that. I see multi-family dwelling going up all over and its a bad thing. This form of low income housing brings in people who dont take care of the property and it lowers that value of single family homes.
And housing costs are coming down.
housing will not collapse, it will normalize.
Yes, no U.S. government agency should have anything to do with supporting, backing or promoting mortgages for persons who are not either U.S. citizens or permanent legal residents (green card holder).
Why should foreigners be aided in helping to inflate U.S. home prices? They should not!!!
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