Excessive Ratios On FHA’s

Posted by on Jan 27, 2012 in FHA, FHA/VA, MU Blog, VA | 0 comments In a recent article highlighting the changes in the FHA Total Scorecard Guide (TSG), it was noted that FHA added a bullet point on page 13 under the review rules for Total. The term ‘excessive ratios’ is now a bullet point and requires a DE underwriter to manually underwrite the file when this rule is triggered. The Wetzel Trott team did a little digging and found Mortgagee Letter...
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New FHA Total Scorecard Guide Summary

Posted by on Jan 9, 2012 in Appraisals, FHA, FHA/VA, MU Blog, Operations, Origination, Processing, Quality Control / Audit, Uncategorized, Underwriting | 0 comments What do I need to know about the new FHA Total Scorecard Guide? Download Copy Of The FHA Total Scorecard Guide 2011 As you may know FHA released a new FHA Total Scorecard Guide (TSG) with some pretty significant changes. Our team sat down and scrubbed the new TSG to identify and relay the changes to you on our blog. The details will most certainly be incorporated into our FHA Practical Guide...
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