In cases where a loan provider had 150percent more late-paying loans than other area loan providers, it had been prone to getting kicked away from FHA’s approved lender list.

In cases where a loan provider had 150percent more late-paying loans than other area loan providers, it had been prone to getting kicked away from FHA’s approved lender list.

Numerous banks and home loan organizations had issue with this particular technique. If nearby loan providers had tougher FHA certification criteria and for that reason a significantly better guide of loans, other area loan providers would look comparatively even even worse. Continuar leyendo «In cases where a loan provider had 150percent more late-paying loans than other area loan providers, it had been prone to getting kicked away from FHA’s approved lender list.»