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The New HUD Reform: A Quality Control Dilemma

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  • Ben Nicolas - FHA Mortgage Los Angeles Home Loan | | 20 May 2010, 11:35 AM Agree 0
    Good article, what about issues re: are lenders going to make sure all LO's are paid w-2? are they going to monitor brokers net worth requirements? are they going to require audited financials?

    So much is still up in the air I guess we brokers won't know what the lenders requirements are going to be until late this year.

    read my thoughts on the subject here:
    http://www.ietcapitalblog.com/2010/05/what-the-heck-is-hud-thinking/
  • FHA/HUD to no longer approve Loan Correspondents ( | | 20 May 2010, 11:37 AM Agree 0
    [...] http://thenichereport.com/blog/2010/05/the-new-hud-reform-a-quality-control-dilemma/ [...]
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