SCP Newsroom
Massachusetts Division of Banks – Survey
Dear Massachusetts Licensed Mortgage Broker/Lender: In light of current economic conditions, the Massachusetts Division of Banks (Division) is actively monitoring the ongoing volatility in the mortgage market. As you may already know, various lenders and investors are no longer offering certain Non-Qualified mortgage products. Some have also tightened credit requirements and rate lock policies. The Division…
FHA Publishes Updates to the Single Family Housing Policy Handbook
SCP Flash Update Single Family Housing Policy Handbook 4000.1 Update Published The Federal Housing Administration (FHA) published the quarterly update to its Single Family Housing Policy Handbook 4000.1 (SF Handbook). Revisions include updated policy guidance, clarifications, corrections, and additions to SF Handbook Section I (Doing Business with FHA), Section II (Origination through Post-Closing/Endorsement), and Section V (Quality…
Are You Licensed in The State of Washington?
Washington State Department of Financial Institutions Please click on the link to read the letter from Richard St. Onge regarding a temporary partial waiver of renewal fees and an additional letter from Richard St. Onge regarding a temporary partial waiver of assessment fees. If you have any questions, please contact us.
