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Home » Store » News » Lenders Applaud FHA ‘Lender Insurance’ Plan, But Question Administration’s New Appraisal Rules

Lenders Applaud FHA ‘Lender Insurance’ Plan, But Question Administration’s New Appraisal Rules

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Announcing “This is our coming out party,” the FHA this week unveiled major reforms to make it easier for mortgage lenders and other industry partners to work with the government-insurance program, sell its products, and allow the FHA to win back market share. Key reforms announced during an FHA conference hosted by the National Real Estate Development Center in Arlington, VA, included a new lender-insurance program aimed at reducing loan processing time and costs,…
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