Compliance News: FHA Publishes Updated Instructions for Single Family Mortgage Model Documents for 2021 (Effective 2023) GSE Security Instruments and Notes
On January 20, 2023, the U.S. Department of Housing and Urban Development (HUD) published Mortgagee Letter 2023-01 regarding the Federal Housing Administration’s (FHA) modifications for the 2021 (Effective 2023) Government Sponsored Enterprises’ (GSE) security instruments and notes. These modifications are not required but may be implemented immediately….