What does a temporary waiver of QC requirements
mean for your organization?
The U.S. Department of Housing and Urban Development (HUD) issued FHA INFO #20-44 on June 22nd. Of the numerous updates, including Mortgagee Letters, issued as guidance under the Federal Housing Administration (FHA) Single Family Housing area, the underlying policy waivers introduced in this update should not be taken lightly. The obvious goal is to provide temporary requirements under the Coronavirus Aid, Relief, and Economic Security (CARES) Act and offer real relief to h