By Mary Ellen Podmolik RISMEDIA, December 11, 2009—(MCT)—The Federal Housing Administration (FHA) is about to beef up the borrowing requirements for home buyers, a move that could dampen the fragile housing market’s recovery. Among the steps scheduled to be outlined are greater down payment requirements and higher credit scores for consumers who seek FHA-backed mortgages….Read the Rest of Article
Tags: FHA Guidelines, fha home loan, fha rules
Posted in Mortgage Insights | Comments Off