Archive for March, 2010

Guidance for Currently FHA-Approved Loan Correspondents Regarding Renewal of FHA Lender Approval

Directly from HUD this morning: As proposed in a November 30, 2009, proposed rule (74 FR 62521), HUD is seeking to eliminate FHA approval for loan correspondents. Because this rulemaking is still in process and a final rule has not yet been issued, FHA is extending the deadline for the submission of audited financial statements […]