What is happening today in mortgage lending: We haven’t talked much about some of the changes that the HR 3221 bill impacted such as elimination of FHA risked based mi and increased conforming loan limits to $625,550 here are two articles talking about these topics in more detail.
FHA to discontinue risk-based pricing Oct. 1
SIFMA Relaxes Jumbo Loan Restrictions
Shirley Nault has been a mortgage professional for over 20 years. Visit her other mortgage web sites go to: www.naultfhatips.blogspot.com or www.dutips.blogspot.com
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