Jun

24
2008

Possession is nine tenths of the law

Do all the changes HUD's made or is planning to make to FHA loan guarantee programs have your head spinning?

You've read about them in Inman News in recent weeks -- the one-year waiver of the 90-day waiting period for resales, the proposed ban on seller-funded down payment assistance, the introduction of risk-based premium pricing on July 14 (in conjunction with the expansion of the FHASecure initiative to allow refis of delinquent ARMs).  more...