| Re: Question for Poppy!!!
No I do not recall any mandatory origination dates on the cluster &%$@ loan you are retiring or any date of required adjustment, just that it has to be one of "those" loans and can not be an FHA ARM. Well golly there is in the lender initiative section of the guides - originated not after 12/31/2008. You are OK.
Just for the benefit of your LO I attached the Lender Initiative Statement from FHA for you to "share" with them. The program does exist....
I hope this works.... |