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...
Proposed Amendments to SFHGLP: Credit and Refinance
Explore the proposed changes to the Single Family Housing Guaranteed Loan Program by the USDA’s Rural Housing Service. This course details the introduction of a seven-year time frame for considering previous agency loss claims as derogatory credit and the updated requirements for refinance transactions. Gain insight into how these changes aim to provide a fair opportunity for credit re-establishment and streamline the refinancing process for rural homeowners.
In this course you will learn the following:
* Understand the purpose and intent of the proposed rule changes to the SFHGLP.
* Recognize the significance of public participation in the rule-making process.
* Identify the potential changes and their implications for applicants and lenders.
Additional information
| Federal Register Title | Single Family Housing Guaranteed Loan Program. Document Number: 2024-21404 |
|---|---|
| Course SKU | FR-24-058-1 |
| Why This Course Is Important | Without this course, you might miss out on crucial updates affecting your ability to navigate credit re-establishment and refinancing processes in rural housing effectively. |