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Where is NAR on HUD fico Scores

By
Real Estate Broker/Owner with VRI HOMES 7871741

Wake up

We ballout banks, and they hurt the only program that works. Real Estate business would double if they used HUD guidelines that have worked for years.

Raising fico scores is not a HUD decision

NAR should be forcing banks to comply with HUD Guidelines.

Many good homebuyers are being left out of the market

We have gone to Far and we need to stand up and be heard

All mortgages are not bad

Thanks

 

John Occhi
AZ Veteran Notary Services - Marana, AZ
Mobile Notary Public/Certified Loan Signing Agent

It's not only FICO Scores - its everything else as well - for example, HUS/FHA does not require working appliances in the kitchen - just a space for cooking - yet just about every lender requires a fully functioning kitchen.

Sep 17, 2009 02:36 PM