FHA’s new indemnification requirements should be revised

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A recent Federal Housing Administration policy will hamper access to FHA-insured loans during the COVID-19 crisis, as excessive indemnification requirements “will effectively force lenders to impose higher credit and financial overlays to protect against risks that they cannot control” during underwriting.

https://news.cuna.org/articles/117956-fhas-new-indemnification-requirements-should-be-revised

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