Bruce Reichstein's (brucereichstein) Blog

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Mortgage and Lending - www.OneTimeClose.com

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2015 

The Consumer Financial Protection Bureau (CFPB) is a government agency designed to help consumers and protect their interests against fraud and unfair practices. CFPB issued a statement recently about new federal guidelines that will affect the mortgage lending process, making it easier for borro...
09/27/2015
I get many questions about the difference between FHA loan minimum FICO score and credit requirements and the lender requirements for same. Here's one of the latest examples:"Seems like there is a lot of contradiction between what is on the FHA site and what the FHA Reps. are answering the consum...
09/17/2015
Monday September 14, 2015, the new FHA Single Family Home Loan Policy Handbook takes effect. It's called HUD 4000.1 and is now the reference for all FHA single family home loans.Up to now, certain parts of the handbook have been in effect, while other portions were printed but not effective until...
09/13/2015
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Bruce Reichstein

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