No longer on the list: Industry Leader Update
[vimeo id=”30926524″ width=”601″ height=”338″] Non-FHA Approved Brokers find themselves out in the cold when it comes to FHA’s list of HECM approved lenders. [ad#Webinar Promo websites]
Brokers
Starting the year strong: January 2011 Lenders Report
January is a welcome strong beginning for the new year. A substantial turn showing improvement in overall endorsement volume was shown last month. You can download the report here.
FHA Wants Lenders to Police Brokers
Monitoring Mortgage Underwriting The Federal Housing Administration, the government agency that insures a bigger and bigger portion of home loans, plans to rely more heavily on lenders to police mortgage brokers.
Mortgage brokers no longer allowed to order FHA appraisals…
Federal Housing Administration Policy Changes The Federal Housing Administration (FHA) today announced several significant policy changes that are intended to improve their exposure to risk. The changes, effective January 1, include: Modification of Procedures for Streamline Refinance Transactions Adoption of Home Valuation Code of Conduct Guidelines (some not all) Updated Appraisal
