There are some other provisions that will affect the lenders as well so it will be very vital going forward to have a lender that is FHA approved under the new guidelines. As always, if you need some additional information, …
More:
Could be Huge Changes in 2010 on FHA Loans | Liz Davis Homes
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As the numbers suggest, many of these women could not manage homes of their own. Homeownership rates for female-headed households struggled to stay above 50 percent. For married couples, they hovered consistently in the 80th-percentile range. ... In 2004, the Department of Housing and Urban Development did a comprehensive study of FHA loans that originated in 1992. The sample size was substantial: nearly 250000 loans. Given that the FHA insures only modest loans for low- ...