Urgent FHA Update FHA Info #19-07 – Dated March 14, 2019

OBTAIN YOUR FHA CASE NUMBERS FOR FILES IN PROCESS PRIOR TO MARCH 18, 2019 IF POSSIBLE TO AVOID NEW, MORE STRINGENT UNDERWRITING EVALUATION STANDARDS BEING IMPLEMENTED IN TOTAL SCORECARD. FHA just released announcement INFO#19-07 that states the following:FHA’s TOTAL Mortgage Scorecard updates begin to address the concerns with mortgages with higher-risk characteristics — particularly when […]

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