Industry News

HUD streamlines FHA real estate loan process

New fast-track process aims to cut loan-processing time, costs
Published on Oct 18, 2005

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by CareyBot

The Department of Housing and Urban Development has streamlined the process for originating Federal Housing Administration (FHA) mortgages with a new Lender Insurance Program. The new program enables high-performing lenders to endorse FHA mortgage loans for insurance without a pre-endorsement ...