FHA changed it's underwriting criteria for mortgage loan approval earlier this month. The changes are designed to limit the AUS approvals of borrowers with lower credit scores, high debt ratio …
Compensating Factors and FHA
I was at a seminar today that reminded me of one of my favorite things about the FHA Mortgage Program... Over the last few months mortgage products have been deleted on a daily basis – but FHA is …
FHA Says: Pay Off Disputes Over $999
FHA Announced a BIG Change that will take place this summer. According to the FHA Mortgagee Letter 2012-3, beginning July 1, borrowers with ongoing credit disputes totaling more than $1,000 will have …
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