FHA or conventional? After LLPA tweaks, the calculus changes for some
The Federal Housing Finance Agency (FHFA) officially implemented an updated pricing framework for Loan-Level Price Adjustments (LLPAs) in May to improve homeownership prospects for first-time homebuyers with lower income and weaker credit scores. It’s a simple goal, but as is often the case in U.S. … Continue readingFHA or conventional? After LLPA tweaks, the calculus changes for some