• HUD Turns Up the Heat on FHA Mortgagees
  • December 23, 2009 | Authors: Kirk S. Howell; Gil Rudolph
  • Law Firm: Greenberg Traurig, LLP - Phoenix Office
  • On November 30, 2009, the Department of Housing and Urban Development (HUD) announced a Proposed Rule that will impact Federal Housing Administration (FHA) approved mortgagees and loan correspondents. 74 FED. REG. 62521 (November 30, 2009). Comments on the Proposed Rule may be submitted to HUD until December 30, 2009. This Proposed Rule imposes new burdens, risks and expenses on FHA Mortgagees.