hud: FHA rescinds $1,000 credit dispute rule
- 06/18/12 02:05 AM
FHA rescinded on Friday after an initial implementation delay the rule making it difficult for anyone with credit disputes in excess of $1,000 to secure financing. The rule has been completely revoked according to mortgagee letter 2012-10 dated June 15, 2012. You can access the mortgagee letter here and a Housing Wire article on the change here. … (1 comments)
FHA rescinded on Friday after an initial implementation delay the rule making it difficult for anyone with credit disputes in excess of $1,000 to secure financing. The rule has been completely revoked according to mortgagee letter 2012-10 dated June 15, 2012. 
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