FHA clarifies certification requirements to streamline HECM lending

FHA clarifies certification requirements to streamline HECM lending
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.
Source: https://www.housingwire.com/rss