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Loan Modification

: Loan Modification & Home Loan News

TopDot Mortgage: FHA Takes Action Against Lender

By Moe Bedard

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“Lender faulted for gross violations of FHA underwriting standards” WASHINGTON ? The Federal Housing Administration?s Mortgagee Review Board (MRB) today immediately and permanently withdrew the FHA approval of Premium Capital Funding, LLC, a Jericho, New York-based lender doing business as TopDot Mortgage. Today?s action prevents TopDot from participating in FHA programs and seeks a monetary penalty [...]

Full post as published by Loan Modification & Home Loan News on January 27, 2010 (boomark / email).

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