[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]
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.
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.
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