FHA Announces Tighter Restrictions On Lending

This week the Federal Housing Administration announced tighter restrictions will be placed on lending requirements.  This is being done in the hope of reducing risks and strengthening the nations’ financial health.  FHA Commissioner, David Stevens outlined a set of policy changes that will enable the agency to fulfill its mission to provide access to home [...]

FHA Planning Stricter Loan Requirements

The Federal Housing Administration is taking the first steps toward stricter loan requirements.  The FHA plans to “hold lenders accountable for their origination quality and compliance with FHA policy”.  These planned changes could put more pressure on an already struggling housing market.  Their plan is designed to limit the risks to the FHA loan portfolio, [...]

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