MetaSource Mortgage Blog

Mortgagees That Meet Size Standards Must Have Net worth of at Least $500,000

Tuesday, June 15, 2010

FHA: Each mortgagee with FHA approval as of 5/20/2010 that exceeds size standards for small business must have net worth of at least $1,000,000. Mortgagees that meet size standards must have net worth of at least $500,000.

Contact Mortgage Compliance Advisors to learn more about Fannie Mae updates

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