Wednesday, July 7, 2010

HUD/FHA Changing Multifamily Lending Standards

Mortgagee Letter with detailed explanation is HERE. Letter does NOT apply to FHA 232 health care program which accounts for more than 1/4 of all FHA MF loans nationally.

HUD PR is HERE. (PR indicates that further mortgagee letters will be coming prior to December 2010 AND that rule making will be necessary for other changes).

Originally created and posted on the Oregon Housing Blog.

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