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Federal Register / Vo. 73, No 93 / Tuesday, May 13, 2008 / Notices
Intro of Risk Based MIP and UFMIP - Credit Scores and LTV Decide!
I'm in total shock! FHA just made it a RULE that all loans (that have credit scores) MUST be submitted to TOTAL!
In order to calculate the UFMIP or the maximum loan amount, the credit score must be obtained from the AUS.
Risk Based MIP Brings NEW Glitches (Federal Register / Vo. 73, No 93 / Tuesday, May 13, 2008 / Notices)
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