FHA origination fees are no longer limited to 1 percent, according to a mortgagee letter from the U.S. Department of Housing and Urban Development. But originators will still be monitored to ensure borrowers are not overcharged and fees remain "fair and reasonable." HUD said it intends to issue additional guidance about the limits.
More: continued here [...]

If you enjoy our post, feel free to subscribes to our rss feeds