FHA Rescinds policy change to collections and disputed credit accounts
Wow, so FHA rescinded the proposed change to require collection accounts totalling over $1,000 and disputed accounts to be dealt with. This is a great move for consumers and will protect your abilities to dispute unwarranted errors on your credit. Be careful who you work with for credit repair because this doesn’t mean you can dispute things to dispute them.
Here is the FHA Bulletin
If you need an experienced FHA lender let me know or apply online
Ray Williams, Branch Manager, Summit Mortgage Denver, 303-779-0591 x101