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FHA says as many as 50,000 mortgages will be affected by new lending rules – announcing updates to its TOTAL Mortgage Scorecard that will flag some loans for manual underwriting. The move upset a number.
Required Down Payment For Fha Loan House Republicans Float Increase in FHA Mortgage Down Payment – changes should not be made at consumers’ expense by drastically impacting the affordability and availability of mortgage capital," NAR President Ron Phipps said in a statement. "NAR opposes any.
FHA Removes Ten-Year Protection Plan and Inspector Roster Requirements – This rule eliminated the FHA Inspector Roster and relaxed the restriction to entry of inspectors and would expand the pool of inspectors from which lenders may choose for the inspection of a home.