-
Archives
-
Meta
Monthly Archives: December 2008
FHA Streamlined Refinance
FHA has permitted streamline refinances on insured mortgages since the early 1980′s. The “streamline” refers only to the amount of documentation and underwriting that needs to be performed by the lender, and does not mean that there are no costs … Continue reading
Posted in FHA Refinance, FHA Streamline, Uncategorized
Leave a comment
FHA Mandatory Loss Mitigation Required of Lenders
It is important to stress that although loan servicers have delegated authority to execute individual loss mitigation actions, participation in the FHA Loss Mitigation Program is not optional. Within 45 days of default, every delinquent borrower must be provided comprehensive … Continue reading
Posted in FHA Counseling, FHA Mortgage, Uncategorized
Leave a comment