Items Tagged with 'HECM UNDERWRITING'

ARTICLES

  • FHA takes steps to streamline reverse mortgage underwriting

    Releases specific guidance on the contracting of third parties to verify financial info
    The Federal Housing Administration has taken steps to streamline the cumbersome financial assessment process for lenders, recently releasing updated guidance that specifically approves the use of third-party verification – or TPV – to collect a borrower's financial information.
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