Boise Real Estate Blog » FHA To Tighten Lending Standards

FHA To Tighten Lending Standards

Posted By philhoov On January 23, 2012 @ 7:52 am In Inside Real Estate | No Comments

The Federal Housing Administration (FHA) has announced that it will soon strengthen lending standards to reduce risk of default for FHA loans.

New regulations will include stricter requirements for lenders as a condition of being allowed to continue issuing FHA loans.

Also expected are new lending guidelines that will reduce the amount allowed for seller-paid buyer closing costs.

Article printed from Boise Real Estate Blog: http://www.boiseblog.com

URL to article: http://www.boiseblog.com/2012/01/fha-to-tighten-lending-standards

URLs in this post:

[1] DSNews.com article: http://www.dsnews.com/articles/fha-steps-up-lender-requirements-to-limit-default-risk-2012-01-20

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