Saturday, 27 February 2021 | The Latest Buzz for the Appraisal Industry

Single-Family Lenders Allow Extended Flexibilities, FHA Announces

The Federal Housing Administration (FHA) Tuesday announced extensions of a set of policy flexibilities for single-family lenders and servicers, part of its effort to maintain new mortgage originations for homebuyers and allow 203(k)-funded rehabilitation projects to continue, even throughout the COVID-19 pandemic. FHA’s Limited 203(k) program permits homebuyers and homeowners to finance up to $35,000 …

The post Single-Family Lenders Allow Extended Flexibilities, FHA Announces appeared first on DSNews.

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