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HUD has released an update regarding the departments Commitment Authority for FHA mortgage insurance under its Multifamily and Healthcare programs. The department states that until further notice, all requests for commitment authority approval under Multifamily and Healthcare programs will be granted on a first-come, first-serve basis, due to growing commitment volume.
The update from HUD may be found on the NAHMA website, under the HUD tab and below the FHA Multifamily Mortgages heading.
To view this document directly, please click here