![]() ![]() FHA Lenders Should Continue To Use 30-Year Terms for Loan Modifications.Forty-Year Loan Terms Should Be Available From Origination.Suggested Revisions and Additions to the Proposed Rule Borrowers Are Better Off Without the Proposed 40-Year Term Loan Modifications.The Proposed Rule Will Distort the Housing Market and Reduce Affordability.The Benefits of the Proposed Rule Outweigh the Downsides of Extended Loan Terms.The Proposed Rule Aligns With HUD's Mission Statement.The Proposed Rule Will Benefit the FHA Lending Program.The Proposed Rule Aligns FHA Loss Mitigation Policy With That of Other Financial Institutions.The Proposed Rule Will Benefit the Housing Market.The Proposed Rule Will Promote Financial Inclusion and Equity. ![]()
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