FHA Makes “Economic Event” an “Extenuating Circumstance” and It’s About Time!

FHA Makes “Economic Event” an “Extenuating Circumstance”   By: Tracey Rumsey, Staff Underwriter & Karen Deis, Publisher, www.MortgageCurrentcy.com Well, it took 6 years – but FHA has decided that a job loss or decrease in income can now be considered an “extenuating circumstance,” which means additional business for you. It’s great news for borrowers – […]