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Recent FHA Changes and Impacts with Diehl
February 5, 2021 @ 1:30 pm - 2:30 pm
Recently FHA made numerous revisions to all sections of the 4000.1 Single Family Housing Policy Handbook. The Origination Through Post Closing//Endorsement section of the handbook lists several changes that impact the Title II Forward Mortgage underwriting process. Some of those changes are:
- An expanded definition of an accessory unit;
- Change in when a Power of Attorney can be used for active duty military borrowers;
- Requirement to manually underwrite borrowers without Social Security Numbers, if in a category that makes them otherwise eligible for FHA financing and much more.
Join Marianne Collins, President of the Underwriting Training Division of Diehl Mortgage Training and Compliance, for a 1-hour webinar to review the relevant changes in the Origination Through Post Closing/Endorsement section of the handbook, and discuss their impacts.