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

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.

To view the complete alert online, click here.

Leave a Reply

Copyright © 2019, K&L Gates LLP. All Rights Reserved.