FHA Axes Mortgage Credit Reject Screen

FHA Axes Mortgage Credit Reject Screen

In a move geared toward improving and streamlining credit access to qualified borrowers, the FHA is getting rid of the Mortgage Credit Reject screen. Up until now, the FHA required lenders to flag information about denied applications due to a provision in its Single Family Housing Policy Handbook. That information was flagged for a six-month…

End of content

End of content