Course: Proposed Rule on Profits and Related Basis Adjustments based on this document from the Federal Register: https://www.govinfo.gov/content/pkg/FR-2024-12-02/pdf/2024-27227.pdf This document contains proposed regulations regarding previously taxed earnings and...
Credit Report Process Updates for Multifamily Housing Programs
Discover the USDA’s new proposed changes to the credit report process within its Multifamily Housing Programs. This course outlines the shift towards a more efficient application system by requiring applicants to provide their own credit reports, thus aligning with industry standards and reducing administrative complexities. Gain insights into the potential impacts these updates will have on applicants and borrowers.
In this course you will learn the following:
* Understand the purpose and intent of the proposed rule changes.
* Recognize the opportunities for public participation and feedback.
* Identify the potential changes and their implications for applicants and borrowers.
Additional information
| Federal Register Title | Multifamily Housing Program Update to the Credit Report Process. Document Number: 2024-06596 |
|---|---|
| Course SKU | FR-24-137-1 |
| Why This Course Is Important | Without this course, you risk missing out on understanding the new credit report responsibilities and potential impacts on eligibility criteria, possibly leading to application delays or errors. |