Industry supports FHA’s 40-year loan term option — with caveats
Housing Wire
JUNE 6, 2022
The deadline for the mortgage industry to chime in on the Federal Housing Administration ‘s (FHA) proposed 40-year loan modification rule was at the end of May. The FHA is currently accepting industry feedback on the proposed rule, but the concept got us thinking. Lunch & Learn: Should there be a 40 year mortgage?
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