Publication Title |
Federal Register Volume
75, Issue 171
(September 3, 2010)
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Category | Regulatory Information |
Collection | Federal Register |
SuDoc Class Number | AE 2.7: GS 4.107: AE 2.106: |
Publisher | Office of the Federal Register, National Archives and Records Administration |
Section | Rules and Regulations |
Action | Final rule. |
Contact | Karin Hill, Director, Office of Single Family Program Development, Office of Housing, Department of Housing and Urban Development, 451 7th Street, SW., Room 9278, Washington, DC 20410; telephone number 202-708-2121 (this is not a toll-free number). Persons with hearing or speech impairments may access this number through TTY by calling the toll-free Federal Information Relay Service at 800-877-8339. |
Summary | On July 15, 2010, HUD issued a notice seeking comment on three initiatives that HUD proposed would contribute to the restoration of the Mutual Mortgage Insurance Fund (MMIF) capital reserve account. This document is limited to implementation of HUD's proposal to introduce a minimum credit score threshold and reduce the maximum LTV. At the end of the public comment period on August 16, 2010, HUD received 902 comments. The overwhelming majority of these comments focused on HUD's proposal to cap seller concessions. HUD is continuing to review and consider the issues raised by commenters on capping seller concessions as well as those pertaining to HUD's proposal to tighten manual underwriting guidelines. HUD's final decision on these two proposals will be addressed separately. |
Agency Name | DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT |
Page Number Range | 54020-54023 |
Federal Register Citation | 75
FR
54020 |
Docket Numbers | Docket No. FR-5404-N-02 |
FR Doc Number | 2010-22133 |
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This is part of
Federal Register Volume
75, Issue 171
(September 3, 2010)
|
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