5. Hold the newest liquidity conditions applicable into Title We program to those already relevant on the Title II Single Relatives Mortgage Insurance coverage program;

6. Explain you to needed mortgage records have to be filed towards the form recommended by the Assistant, and may hold the investigation given because of the HUD;

Particularly, new recommended laws would raise the minimum net really worth importance of Title II loan correspondent mortgagees and you will Title I financing correspondent loan providers out of $50,000 so you can $75,000

HUD as well as advised to improve the web worthy of conditions for Name We and you can Label II loan correspondents.

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