HUD Issues New Documentation Requirements on FHA-insured Loans

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On April 18, 2019, HUD issued Mortgagee Letter 19-06, setting forth new documentation requirements for down payment assistance to borrowers provided by government entities for FHA insured mortgage loans. These new requirements are effective for case numbers assigned on or after April 18, 2019.  Here’s our Clients and Friends Memo with the latest analysis on the documentation  https://bit.ly/2J5F4FR