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November 19, 2019

How has the FHA achieved the goals for which it was established?

1. How has the FHA achieved the goals for which it was established?

2. Explain the two different dollar limits that apply to HUD/FHA-insured commitments.

3. In HUD/FHA settlement requirements, what rules apply to the handling of the down payment? To the handling of the closing costs?

4. Explain the difference between loan underwriting commitments made by the VA and those made by HUD/FHA.

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