In an effort to ensure that it contains the most up-to-date information, the Federal Deposit Insurance Corp. (FDIC) recently revised its “Affordable Mortgage Lending Guide, Part II: State Housing Finance Agencies.”
The guide is designed to provide details about mortgage programs offered through state housing finance agencies, offering community banks an overview of various products, as well as a means to compare different products and identify next steps to expand or initiate a mortgage lending program.
Make sure you are up-to-date with the updates, which apply to all FDIC-insured institutions.