Introducing the New Improved URLA Don’t look now! Hot on the heels of the system and technology modifications and updates needed to finalize the handling of the disclosures required by TRID, we see the new improved Uniform Residential Loan Application (URLA) looming on the horizon. This new application is being touted by the Agencies as a benefit to both consumers…
Ed Golding, Principal Deputy Assistant Secretary for Housing and Head of the FHA, (that’s what it says on his letterhead), issued an informal letter (The Letter) to all FHA lenders on the acceptance of Housing Finance Agency (HFA) down payment assistance programs. Everybody rejoiced. Seems FHA had put to bed the industry’s concerns resulting from actions taken by DOJ against…
