If your lender had 150percent more loans that are late-paying other area loan providers, it absolutely was vulnerable to getting kicked away from FHA’s approved loan provider list.

If your lender had 150percent more loans that are late-paying other area loan providers, it absolutely was vulnerable to getting kicked away from FHA’s approved loan provider list. Numerous banking institutions and mortgage companies possessed issue using this technique. If nearby loan providers had tougher FHA certification criteria and for that reason a better guide of loans, other area loan providers would look comparatively even worse. The theory is that, an FHA loan provider might be power down due to the fact FHA loan provider...