U.S. housing officials have indefinitely disbarred three South Florida mortgage loan officers and a Pittsburgh title agent after criminal convictions for defrauding elderly borrowers, mortgage lenders and the Federal Housing Administration (FHA).

Lenders are already adding an increase in fees on mortgages backed by Fannie Mae, Freddie Mac and the Federal Housing Administration to new loans – a hike that will pay for the extension of the payroll tax cut. The fee increase of 0.1 of a percentage point is to be added to all loans that Fannie and Freddie buy from April 1 to Oct. 1, 2021.

The Federal Housing Administration is extending for another year its temporary waiver of anti-flipping regulations, initially introduced in 2010 to facilitate the turnaround of foreclosed properties in hard hit communities. In most cases, FHA ordinarily prohibits insuring a mortgage on a home owned by the seller for less than 90 days.