No More Mister Nice Guy: Indemnification Now Required by FHA Lender Insurance Regulations

Jan 31 2012
Browse archives for January 31, 2012
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FHA/VA, Mortgage Lending

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By: Phillip L. Schulman, Krista Cooley, Holly Spencer Bunting

FHA mortgagees participating in the Lender Insurance (“LI”) program will be required to indemnify HUD for self-endorsed loans that HUD deems ineligible for FHA insurance based on a final regulation published by the U.S. Department of Housing and Urban Development (“HUD” or “Department”) on January 25, 2012.

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