FHA will stop insuring mortgages with any applicants with a credit dispute of 1k or more. The word bailout and a depleted reserve fund are the contributing factors to this change..Please refer to the article from The Housing Wire for more information. http://www.housingwire.com/article/fha-quietly-readies-rule-shutting-out-some-borrowers?source=email_rt_mc&ifp=0 Related articles Real Estate News Today 3-27-2012 (avcarollospok.wordpress.com) FHA to raise insurance premiums in April (coronariversidehomes.wordpress.com) FHA MIP Increase (mortgagedispatch.wordpress.com) FHA Mortgage Insurance Increase (mortgagedispatch.wordpress.com) Fha to Increase Monthly and Upfront Mip on All Loans (michiganlendingnews.com) FHA Wants to Limit How Much Sellers Can Pay At Closing (apmortgagemarin.wordpress.com) FHA refinancing program means savings for those who can qualify (seattletimes.nwsource.com) Real Estate News 3-7-2012 (avcarollospok.wordpress.com) Housing Wire: New … [Read more...]