Excerpts from this story referencing "FHA loan":
"… inaccurate and unsupported information to qualify borrowers for 5 out of 6 FHA loans reviewed,” the report said, which put the FHA insurance fund at risk fo …"
Excerpts from this story referencing "FHA loan":
"… utomated underwriting process, accounting for nearly three-quarters of all FHA loans, the Housing and Urban Development (HUD) inspector general said.The autom …"
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Excerpts from this story referencing "FHA loan":
"… eckered pasts, which had nevertheless won approval from Ginnie Mae to sell FHA loans in the secondary mortgage market. Ginnie Mae guarantees payment on those …"
"… opDot was able to generate new cash, which the firm could use to make more FHA loans. According to the Department of Housing and Urban Development, TopDot had …"
"… g the company had misled borrowers about the terms of both traditional and FHA loans. More significantly, as of last December, TopDot had a default rate on FH …"
"… ans. More significantly, as of last December, TopDot had a default rate on FHA loans issued in the previous two years of 14.3 percent, more than double that o …"
Excerpts from this story referencing "FHA loan":
"… r ordered by HUD auditors to cover the cost of bad loans. Eight firms have FHA loan portfolios that are defaulting at double the rate of their principal compe …"
"… ho, N.Y., company misled borrowers about the terms of both traditional and FHA loans. Its default rate on FHA loans made in the past two years is 14.3 percent …"
"… ers about the terms of both traditional and FHA loans. Its default rate on FHA loans made in the past two years is 14.3 percent, or more than double that of o …"
"… HUD’s database shows that nine months before that approval was granted, FHA loans made by one of the firm’s branches had a default rate far higher than i …"
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Excerpts from this story referencing "FHA loan":
"… The Justice Department, which sought to keep Lend America from making more FHA loans, won a permanent injunction against Lend America in December. HUD withdre …"
"… e department says it is actively monitoring lenders whose default rates on FHA loans are higher than average.Some observers of the FHA warn that the recent im …"
Excerpts from this story referencing "FHA loan":
"… tives now works as a sales manager at a company currently approved to make FHA loans.In another instance, a former senior executive with BSM Financial, an FHA …"
Excerpts from this story referencing "FHA loan":
"… ose loans have gone bad. Defaulting at up to three times the rate of other FHA loans, they are one reason the housing agency’s insurance fund is about to dr …"
"… econd-largest builder in the country by volume -- underwrote $2 billion in FHA loans with Nehemiah’s help alone between 2000 and 2008. For the in-house lend …"
"… ere were much larger costs built into the mortgage, she said. To secure an FHA loan, a buyer cannot have any outstanding judgments against him. Wilkins said s …"
"… oreclosure last year.]Lobbying For Another Round The problems of FHA loans with seller-funded down payment assistance finally led Congress to ban th …"
Excerpts from this story referencing "FHA loan":
"… hird whistleblower case unsealed last month also addressed fraud involving FHA loans, this time involving Citibank. The company settled the complaint in Febru …"
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