Committee tracks impact of FHA’s second appraisal rule

Committee tracks impact of FHA’s second appraisal rule
Members of the HUD Issues Committee within the National Reverse Mortgage Lenders Association are taking a deep dive into the Federal Housing Administration’s second appraisal rule for select HECM loans. “We are tracking what we think are key elements to see if we can’t figure out where some of the problems may lie,” said Committee Chair Ellie Johnson. Here’s what they’ve uncovered so far.
Source: https://www.housingwire.com/rss