FHA Reaching Back to Borrowers with Lower Credit Scores
The Federal Housing Administration (FHA) wants to reach out to borrowers with credit scores of 640-680 because lenders have pulled back from that borrower class over the last ten years, according to Frank Vetrano, of FHA’s risk management and regulatory affairs division, noting the housing downturn took many of these …
FHA Reaching Back to Borrowers with Lower Credit Scores Read More