Industry Supports FHA’s 40-Year Loan Term Option–With Caveats

June 7, 2022

HousingWire, June 6, 2022–Maria Volkova
The deadline for the mortgage industry to chime in on the Federal Housing Administration’s proposed 40-year loan modification rule was the end of May. While four prominent trade groups including the Mortgage Bankers Association voiced support, they also proposed some tweaks.
https://www.housingwire.com/articles/industry-supports-fha-40-year-loan-term-option/