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HUD Issues Proposal to Avoid FHA Loans From Being Prohibited Starting Next Year
Posted to: Around The Web
Friday, March 14, 2014 1:32 PM

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Richard J. Andreano, Jr. On March 13, 2014, HUD published a proposal to eliminate the requirement that an FHA loan borrower be required to pay interest after the loan is prepaid. The move is needed because the requirement would effectively cause FHA loans to be prohibited under CFPB rules starting in January 2015. Comments on the proposal are due... More >


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