FHA Clarifies Lender Indemnification Process and Performance Expectations
{ Posted on Oct 13 2010 by Jann Swanson }
The Department of Housing and Urban Development (HUD) is preparing to take another step toward tighter authority and oversight of its approved lenders. The FHA has requested comment on regulatory changes that will strengthen its ability to force lenders to ...Read More »
My goal in creating this blog is to provide an honest, inside view of the mortgage industry, and to explain the process of obtaining a mortgage in the most straightforward and effective manner possible.
There are so many aspects of the loan process that consumers don’t understand, seemingly basic things that can affect your interest rate substantially, costing you thousands each year. And they can be resolved with minor solutions, often just by reading blogs like this. So go ahead, browse the site and educate yourself. Because in this industry, knowledge equals savings! »