Items Tagged with 'HECM LOAN-LEVEL CERTIFICATION'

ARTICLES

  • FHA clarifies certification requirements to streamline HECM lending

    Proposes updates to annual and loan-level docs, does away with "jumbled legalese"
    The Federal Housing Administration is clarifying its rules to ease compliance concerns and encourage more banks and lenders to participate in its mortgage lending programs. Among the proposed changes are revisions to HECM loan-level documents that are intended to reduce confusion. Click the headline for details.
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