While lenders welcomed the increase, it might benefit homebuyers as well, by giving loan servicers more incentive to process FHA loan assumptions quickly.
Source: Inman News
Cap on servicer fees for FHA loan assumptions doubled to $1,800
Published in Buyers Tools, Community Home Lenders of America, Department of Housing and Urban Development, fha, hud, loan assumption, Mortgage, mortgage loan assumption, Raunaq Singh, Regulations, roam, Select, usda and va
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