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Sims Mortgage Funding, Inc. Expands Its Banking Capabilities |
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Monday, 01 June 2009 |
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We are pleased to announce that Chad J. Himel has joined Sims Mortgage Funding as a Senior Vice President. He will be involved in the origination, underwriting and processing of FHA-insured loans primarily for healthcare and senior housing transactions.
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Lean Processing Update: New Construction/Substantial Rehabilitation and Second Tier Programs Coming |
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Wednesday, 19 November 2008 |
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FHA’s plans to fully implement Lean processing to all Section 232 Insured Loan activities continues to move forward: on January 1, 2009, applications for new construction and/or substantial rehabilitation transactions can be filed under Lean at the Lender’s option; by March 1, 2009 all such applications will have to be filed under Lean.
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Lean Processing: Major Changes to FHA Section 232 Program Are Here |
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Monday, 08 September 2008 |
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FHA recently made two major changes to its Section 232 mortgage insurance program that will significantly improve application processing and loan closing times and lead to considerably more user-friendly policies and loan administration practices.
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FHA SECTION 221(d)(3)
