Industry supports FHA’s 40-year loan term option — with caveats

Jun 6, 2022 |

The deadline for the mortgage industry to chime in on the Federal Housing Administration‘s (FHA) proposed 40-year loan modification rule was at the end of May. While four prominent trade groups voiced support, they also proposed some tweaks. The Mortgage Bankers Association, Housing Policy Council, National Association of REALTORS and the American Bankers Association agreed […more]

Posted in: San Francisco

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