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March 7, 2014

HUD Seeks Authority to Assess Lenders for Upgrades to FHA Quality Control

By John Bancroft

The fee assessed by FHA would cost lenders roughly $30 million a year, or $23 per loan, according to calculations done by Inside Mortgage Finance.

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Poll

With the spring homebuying season in full swing, what percentage of your March 2017 application volume has been for “purchase” loans?

75% or higher

48%

50% to 74%

24%

30% to 49%

14%

Under 30%

14%