New Final Rule Aims To Boost Native American Homeownership

New Final Rule Aims To Boost Native American Homeownership

The Department of Housing and Urban Development announced a final rule aimed at boosting homeownership for Native American families. The final rule “clarifies the rules governing Tribal participation in the program” while establishing underwriting requirements, rules on the closing and endorsement process, stronger and clearer servicing requirements, as well as other updated standards. It is designed…

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