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Home » Store » Government-Insured Lending » HUD Clarifies Net Worth, Liquidity Requirements

HUD Clarifies Net Worth, Liquidity Requirements

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Government-Insured Lending

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Liquidity requirements apply only to the required minimum net worth of FHA-approved lenders and mortgagees, not to their total net worth, according to a final rule issued recently by the Department of Housing and Urban Development. The rule clarifies language in FHA regulations, which has caused some confusion and anxiety among approved lenders, lawyers and other regulators, said HUD. HUD made clear that the rule simply requires FHA lenders to ...
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