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Real Estate & Property Law

: Housing Wire

HUD Proposal Leaves Questions Unanswered, Lawyers Say

By AUSTIN KILGORE

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The Department of Housing and Urban Development?s (HUD) proposed changes to how Federal Housing Administration (FHA)-approved lenders operate have far-reaching consequences the department hasn?t fully considered, according to an analysis of the proposals by global law firm K&L Gates. The proposal would eliminate the HUD regulation for correspondent lender approval and rely on FHA-approved direct lenders [...]

Full post as published by Housing Wire on December 09, 2009 (boomark / email).

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