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12Nov

HUD Updates FHA New Construction Requirements

HUD recently published Mortgagee Letter 2020-36 (ML 2020-36), which updates Federal Housing Administration (FHA) New Construction financing requirements. The updates include, among others: The guidance provided by ML 2020-36 may be used immediately for existing cases but is mandatory for FHA case numbers assigned on or after January 4, 2021....
By: Weiner Brodsky Kider PC
Source Url: https://www.jdsupra.com/legalnews/hud-updates-fha-new-construction-74865/

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