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FHA to announce changes this week

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Mortgage and Lending with Midland States Bank NMLS # 574956

FHA to announce changes this week. The Federal Housing Administration (FHA) is expected to announce major changes to its program this week in an effort to build up its capital reserves, according to NAR. FHA will be looking to improve loan quality, increase mortgage insurance premiums and change lender eligibility. Read this NAR Regulatory Issue Brief to learn more.  (Reference IAR)

 

Tim Ireland
RE/MAX All Properties
Broker Associate


Certified Distressed Property Expert C.D.P.E.


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