Relevant:
- MBA Sends Letter to FHA on Proposed Lender Indemnification Guidance
- MBA Urges Flexbility in Interpretation of Risk Retention Regs. What Counts as Qualified?
- FHA Looks to Shore Up Finances with New MIP Changes (Including Downpayment Hike to 5%!)
- FHA continues to drop the hammer ... is your company next?
- FHA TOTAL Scorecard Class: 8 Hidden Deal Killers
2010-11-02 — housingwire.com
"The Mortgage Bankers Association sent a letter to the Federal Housing Administration, asking for assurances that any FHA underwriting policy balances "clear, specific guidance with the ability of the lender to exercise the judgment necessary" in manual underwriting decisions for risky borrowers."
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