The talk of the town this morning is the price increases on Housing and Urban Development's (HUD) Mortgagee Letter (ML) inspection pricing entitled ML 2023-20. By in large, the inspections match up with the Fannie Mae and Freddie Mac price increases in March and August of this year, respectively. Very little, if any, of this money is reaching the boots on the ground, though. The question now is whether or not these latest price increases mean anything to anyone other than the Prime Vendors whom . . .
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