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Welcome to FHABook.com, an Informative Source of News and Updates regarding the FHA Home Loan Program.

Just When Things Are Looking Up

Once again, FHA is facing a set back. Alphonson Jackson, the secretary of HUD and a man who is no longer my “friend,” has resigned amid scandal. The FBI is currently investigating whether he gave housing contracts to friends and political allies. At first I thought that this is a major setback, considering that HUD and the FHA are in dire need of leadership right now. But if the president quickly appoints a new, strong leader there is hope that this new individual will signal a new beginning for FHA and start getting things done ASAP.

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