Here’s a short, but information packed, article from The Florida Times-Union about Robert M. Couch’s visit to Jacksonville. Couch is currently the general counsel for HUD and came bearing lots of great news.

Now, it takes 30 percent less time to secure an FHA home loan, said Robert M. Couch, general counsel for the U.S. Department of Housing and Urban Development.

Appraisals are in line with other government-backed lenders, records are electronic and loans can be endorsed by the lender.

Long has the tangled bureaucracy of the FHA been a hinderance to the program. News of FHA catching up with the times is certainly a great sign for the future of FHA loans.

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