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Special Reports
In this section of BrokerUniverse we examine a subject of key importance
for mortgage originators every month, based on special reports that run in our sister publication, Origination News.
FHA Lending
Opening a Door As Others Close
The Federal Housing Administration in years past went through some struggles.
But today, with so-called subprime woes having virtually shut down the nonconforming
market and new programs in the works, the Federal Housing Administration has regained ground and is welcoming back
originators that meet its criteria.
As one might imagine, this has made learning more about FHA programs very popular
in many cases.
AllRegs Academy, as detailed in this Special Report, is just one of the efforts
to fulfill this professional education demand.
With the loan product landscape dramatically changed as discussed in this report,
as well as within the FHA program itself, it's not only originators who need education. Borrowers, too, want up-to-date
information about how the Federal Housing Administration is changing, what is available and what they qualify for.
This is why originators themselves are looking to provide information in an educational format.
Lend America, which you'll read about in this Special Report, has been doing this
through a series of television infomercials it has been updating over time. These broadcasts, presented in a "newscast"
format, are just one example of how originators are looking to help educate consumers about the government entity
and its products.
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