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FHA eliminates two “unnecessary and outdated” lending roadblocks

Mar 14, 2019By

The Federal Housing Administration has taken steps to reduce some of the regulatory burdens that belabor the lending process, releasing two mortgagee letters Tuesday with updated guidelines on home warranty and inspection requirements for single-family FHA loans. FHA Commissioner Brian Montgomery said the moves align with the administration’s goal to streamline and update guidelines in an effort to reduce regulatory barriers.

3d rendering of a row of luxury townhouses along a street

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