Items Tagged with 'FHA COMMISSIONER BRIAN MONTGOMERY'

ARTICLES

  • FHA publishes FAQ on second appraisal mandate for reverse mortgage loans

    Clarifies specifics for HECM lenders
    It’s only been in play for a few weeks, but the HECM industry continues to speculate just how impactful FHA’s new second appraisal mandate has been. In the meantime, the agency sought to clear up any confusion among lenders, recently publishing a list of FAQs on the new guideline. The biggest takeaway? Its process is proprietary, so don’t expect any clues about its methods.
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