New FHA Changes Will Make Disputed Accounts Even More Important…
Good Morning! FHA is coming out with a new mortgagee letter (2012-3) which goes into effect 4-1-12. Mortgagee letters are how FHA makes changes to their guidelines.This one mainly effects disputed accounts. Here is the most important paragraph from this mortgagee letter… “If the borrower has individual or multiple disputed credit accounts or collections with…