General World News

FHA removes mandatory mortgage branch registration requirement

The Federal Housing Administration (FHA) on Friday announced that it has published a new final rule that eliminates a current requirement for lenders to register the branch offices where they conduct FHA Title I or Title II mortgage loan originations.

By removing these requirements, FHA hopes to involve more community-based entities in its Title I and II programs, including smaller loan originators and credit unions, the agency explained.

The rule, originally proposed in March 2023, takes into consideration stakeholder comments. The agency will publish a details ⇒

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