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fha builders: New Law Allows More Brokers To Close FHA Loans - 12/19/07 12:51 PM
Per conversations with members of Dole's staff - understand the following is accurate.
H.R. 1852 cleared House of Representatives mid-September.  This legislation, loosely referred to as FHA Reform, is included in Dodd's Bill S.2338.  Now that both the House and the Senate have FHA legislation, senior members of both the House and the Senate are able to take their respective versions into conference committee to work out the differences between the bills.  Members in both the House and the Senate will want to keep certain provisions from H.R. 1852 in the final bill they will send to the President.   It is important to remember … (8 comments)

 
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