FHA updates portal to accommodate expansion of 203(k) loan program by Chris Clow for HousingWire

HousingWireHousingWire The Federal Housing Administration (FHA) announced late last week that the previously detailed updates and expansions to its 203(k) Rehabilitation Mortgage Insurance Program will be incorporated into updates for the FHA Connection (FHAC) portal. This system provides FHA-approved lenders and business partners with secure online access to computer systems…

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Bay East MLS removes field showing seller’s willingness to consider concessions by Brooklee Han for HousingWire

HousingWireHousingWire Although cooperative compensation or commission information is no longer available on many MLSs after the National Association of Realtors‘ (NAR) nationwide commission lawsuit settlement agreement went into effect Aug. 17, some MLSs have allowed agents to continue indicating whether their seller is willing to consider concessions. The Bay East…

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