Proposed Changes to the Federal Housing Administration's Loan-Level Certification
Jim Parrott,Laurie Goodman,Mark M. Zandi
In this proposal to the Federal Housing Administration, the authors propose changes to the FHA’s loan certification process that will incentivize lenders to improve their underwriting rather than reduce their lending.
Research AreasWealth and financial well-beingHousing financeHousing
TagsFederal housing programs and policiesAsset and debtsHousing marketsSingle-family financeCredit availabilityHomeownershipFinance