Recent Major Changes at FHA: Are You Keeping Up?

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Recent Major Changes at FHA: Are You Keeping Up?

Wednesday, December 9, 2009

Joseph Kolar, Clint Rockwell, and Melissa Klimkiewicz discussed the new FHA policy changes in a December 9, 2009 presentation.

This fall, the Federal Housing Administration announced numerous major policy changes that radically alter program requirements and compliance obligations, making it more important than ever to stay current. Leading industry experts will present vital information regarding the most recent changes to FHA lending, including (but not limited to):

Proposed (but almost certain) increased net worth requirement and elimination of loan correspondent approval
Increased focus on enforcement – including unprecedented Mortgagee Review Board actions and indemnification demands, as well as possible nationwide lender termination authority
New credit policies and appraisal requirements aimed at enhancing loan quality and performance

Related Lawyers

Clinton R. Rockwell
Melissa Klimkiewicz
Joseph M. Kolar