Tag: age of bankruptcy

Bankruptcy Guidance – Total vs. Manual Downgrade [Refer]

Question: My client filed a Chapter 13 bankruptcy, and it was dismissed in May of 2020, so we are past one year.  What should I be careful of in the FHA guidelines? MC – Online Training Class – FHA Manual Underwriting & MC Chart – FHA Manual Underwriting Guidelines Answer: FHA does not directly address […]

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