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
More from Buyers ToolsMore posts in Buyers Tools »
More from Community Home Lenders of AmericaMore posts in Community Home Lenders of America »
- Mortgage giants ‘very close’ to accepting new FICO score
- Why Fannie and Freddie still won’t accept more inclusive credit score
- Trump’s Fannie, Freddie public offering might not have much impact on mortgage rates
- Credit bureaus slam plan to cut them out of FICO score pricing
- Trump administration ‘in no rush’ to do Fannie, Freddie IPO this year
More from Department of Housing and Urban DevelopmentMore posts in Department of Housing and Urban Development »
More from fhaMore posts in fha »
More from hudMore posts in hud »
More from MortgageMore posts in Mortgage »
- Stop freaking out about 50-year mortgages. They might save the housing market
- Homebuying off to strongest November start since 2022
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- How the 50-year mortgage could kill agent profitability
- Falling home prices leave nearly 1 million Americans ‘underwater’
More from Raunaq SinghMore posts in Raunaq Singh »
More from RegulationsMore posts in Regulations »
- ALTA takes aim at seller impersonation fraud: What to know
- Mortgage giants ‘very close’ to accepting new FICO score
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
- Why Fannie and Freddie still won’t accept more inclusive credit score
- There’s nobody in charge of looking out for waste, fraud and abuse at Fannie and Freddie’s regulator
More from roamMore posts in roam »
More from SelectMore posts in Select »
- Alexander brothers denied motion to dismiss sex-trafficking charges
- Redfin site fluke exposed past users’ data on listing contact forms
- Brown Harris Stevens names Halstead heir as its chief strategy officer (EXCLUSIVE)
- Stop waiting for permission: Why leadership starts with self-trust
- Leadershift: How brokers and team leaders can prepare for 2026
More from usdaMore posts in usda »
More from vaMore posts in va »
Be First to Comment