Tag: summary of FHA loan changes
HUD announces important changes to popular FHA program
Two days ago HUD announced changes to the popular FHA loan program. The changes are designed to “strengthen the FHA’s capital reserves, while enabling the agency to continue to fulfill its mission to provide access to homeownership for undeserved communities.“ If you’ll recall last September FHA announced that their capital reserves (used to insure FHA [...]
Posted: January 22nd, 2010 under FHA.
Tags: FHA changes announced January 2010, summary of FHA loan changes, what's new with FHA loans
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