Why Lenders are Wary of FHA’s Terms for Buying Loans with Forbearance
National Mortgage News, June 10, 2020–Bonnie Sinnock (subscription)
Lenders are concerned about a risk requirement imposed by a recent Federal Housing Administration measure aimed at opening up homeownership opportunities that might otherwise be threatened by coronavirus-related developments.
https://www.nationalmortgagenews.com/news/why-mortgage-lenders-question-terms-for-fha-loans-with-forbearance