FHA Loan Third-Party Verification of Employment and Income (New Guidance)

On February 15, 2019, the Federal Housing Administration issued some new guidelines for third-party verification of borrower income, employment and assets (for FHA loans). They also issued a new Mortgagee Letter to go along with it, which is summarized below. Third-Party Verification of Income, Assets & Employment On February 15, FHA officials issued “Mortgagee Letter […]

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