FHA Lender Approval Announcement – April 5, 2010
Posted by Krista Sabol on Apr 12, 2010 in FHA FHA announced on April 5th more details about the elimination of broker approval and the increasing net worth requirement for FHA DE lenders. There are many problems with the announcement. 1) Commissioner Stevens likes to get the word out before the final word is issued. In other words we don’t have an actual final rule to work with yet, only two different press releases. These are just the...read more
